REG - Coral Products PLC - Director/PDMR Shareholding
RNS Number : 7608ZCoral Products PLC22 May 2019CORAL PRODUCTS PLC
("Coral" or the "Group")
Directors' Dealings
Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 21 May 2019 that on that date Mick Wood, a Director of the Company, and Joe Grimmond, Non-Executive Chairman of the Company, respectively purchased 37,037 ordinary shares and 50,000 ordinary shares in the Company, representing 0.04 per cent. and 0.06 per cent. of the Company's issued ordinary share capital, at a price of 8.1 pence and 7.99 pence per share respectively.
In addition, Noelle Low, spouse of David Low, a Non-Executive Director of the Company, purchased 50,000 ordinary shares in the Company, representing 0.06 per cent of the Company's issued share capital, at a price of 8.4 pence per share on 21 May 2019.
Following this announcement, Mr Wood holds 223,601 ordinary shares in the Company, representing 0.27 per cent. of the Company's issued ordinary share capital. Mr Grimmond holds 5,373,337 ordinary shares in the Company, representing 6.50 per cent. of the Company's issued ordinary share capital. Noelle and David Low hold 980,000 ordinary shares in the Company, representing 1.19 per cent. of the Company's issued share capital.
This announcement contains inside information for the purpose of Article 7 of the EU Regulation 596/2014 and has been arranged for release by Sharon Gramauskas, Finance Director of the Company.
For further information please contact:
Enquiries
Coral Products plc
Joe Grimmond, Non-Executive Chairman
Mick Wood, CEO
Tel: 01942 272 882
Nominated Adviser and Broker
Cairn Financial Advisers LLP
Tony Rawlinson / Liam Murray
Tel: 020 7213 0880
Capital Markets Consultants Limited
Richard Pearson
Tel: 07515 587 184
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
a) Mick Wood
b) Joe Grimmond
c) Noelle Low
2
Reason for notification
a.
Position/Status
a) Director of Coral Products plc
b) Non-Executive Chairman of Coral Products plc
c) Spouse of Non-Executive Director of Coral Products plc
b.
Initial notification/
Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Coral Products plc
b.
LEI
213800M2XLY2QGBMUN82
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the financial instrument, type of instrument
Identification Code
Ordinary shares
ISIN: GB0002235736
b.
Nature of the transaction
Purchase of shares
c.
Price(s) and volume(s)
Price(s) per share
Volume(s)
a) 8.1p
b) 7.99p
c) 8.4p
a) 37,037
b) 50,000
c) 50,000
d.
Date of the transaction
21 May 2019
e.
Place of the transaction
UK
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHLLFLREEILFIA
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