REG - Coral Products PLC - Directorate Change

Coral ProductsAnnouncement

12/11/2024 07:00

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RNS Number : 7683L  Coral Products PLC  12 November 2024

Coral Products Plc

("CRU" or the "Company")

Directorate Change

Coral Products plc, a group of specialist businesses in the design, UK
manufacture and omni-channel supply of a wide range of bespoke plastic
products based in Wythenshawe, Manchester, announces the resignation from the
Board of Phil Allen, Division MD - Rigids, with immediate effect.

The position of Division MD - Rigids will not be replaced, and Phil's duties
will be overseen by Ian Hillman, Group COO.  The Group is committed to
resetting the cost base of the business in order to be better positioned to
operate in the ongoing challenging economic conditions.

Joe Grimmond, Chairman of Coral Products, expressed appreciation for Phil's
service, stating, "On behalf of everyone, I would like to thank Phil for his
commitment to the Coral group of businesses and wish him well on his future
endeavours."

 For further information, please contact:

Coral Products plc

 Joe Grimmond, Chairman              Tel: 07703 518148

 Nominated Adviser & Broker

 Cavendish Capital Markets Limited   Tel: 020 7397 1966

 Adrian Hadden (Corporate Finance)

 Charlie Combe (ECM)

 Financial PR                        Tel: 020 3151 7008

 Novella

 Tim Robertson/Safia Colebrook

 

This announcement has been posted to: https://coralproducts.com/
(https://coralproducts.com/)

 

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