REG - Coral Products PLC - Director's Dealing

Coral ProductsAnnouncement

28/09/2020 11:30

RNS Number : 3086A
  
Coral Products PLC
  
28 September 2020
  
 

28 September 2020
CORAL PRODUCTS PLC
('Coral' or the 'Company' or the 'Group')
 
Director's Dealing
 
Coral Products PLC, (the "Company" or the "Group") a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside, announces it was informed today that on 24 September 2020 Michael Wood, a director of the Company, transferred a portion of his shareholding to his ISA account. 
 
Michael Wood disposed of 37,037 ordinary shares in the Company, representing 0.04 per cent. of the Company's issued ordinary share capital, at a price of 5 pence per share and transferred the proceeds of the sale into an ISA account in his name to purchase 36,310 ordinary shares in the Company at a price of 5.1 pence per share on 24 September 2020.
 
Following this transfer, Mr Wood now holds 304,265 ordinary shares in the Company, representing 0.37 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 Tinsley, Finance Director of the Company.
 
 
 
For further information, please contact:
 



Coral Products plc
Michael (Mick) Wood, Chief Executive Officer              
 


 
Tel: 07788 565 154
 




Nominated Adviser & Broker
Cairn Financial Advisers LLP
Liam Murray
David Lawman (Corporate Broking)


 
Tel: 020 7213 0880













 
 




 



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


Mick Wood




2


Reason for notification


 Transfer of current shares to an ISA. 
Original number of shares = 37,037. 
Lost 727 shares during transfer




a.


Position/Status


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


 Transfer of current shares to an ISA




c.


Price(s) and volume(s)




























Price(s) per share


Volume(s)








5.10p


36,310














d.


Aggregated information
 
- Aggregated Volume
 
- Price


 
 
As above
 
As above




e.


Date of the transaction


24 September 2020




f.


Place of the transaction


UK



 

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