REG - Coral Products PLC - Directors' Dealing <Origin Href="QuoteRef">CRU.L</Origin>
RNS Number : 3553VCoral Products PLC27 January 2017Coral Products plc
("Coral" or the "Company")
Directors' Dealing
The Company announces that it has today received the following notifications from PDMRs regarding dealings in restricted securities dated today, 27 January 2017. PDMR notification forms for the individuals in question have been included as an appendix to this announcement.
Joe Grimmond - Executive Chairman
Joe Grimmond, Executive Chairman of Coral, has informed the Company of the purchase of 100,000 shares in the Company at a price of 14.25p per share.
Mr Grimmond's shareholding in the Company following the transaction comprises 5,273,337 ordinary shares representing 6.4% of the Company's issued ordinary share capital.
David Low - Non-Executive Director
David Low, Non-Executive Director of Coral, has informed the Company of the purchase of 20,000 shares in the Company at a price of 14p per share.
Mr Low's shareholding in the Company following the transaction comprises 825,000 ordinary shares representing 1.0% of the Company's issued ordinary share capital.
The Company's issued share capital comprises of 82,614,865 ordinary shares (1p nominal value) with voting rights.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries
Coral Products plc
Tel: 07703 518 148
Joe Grimmond (Executive Chairman)
Nominated Adviser
Cairn Financial Advisers LLP
Tel: 020 7213 0880
Tony Rawlinson, Liam Murray
Broker
Daniel Stewart & Company plc
Tel: 020 7776 6550
David Lawman
PR
Capital Markets Consultants Limited
Tel: 07515 587 184
Richard Pearson
Joseph Grimmond - PDMR Notification Form
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
Details of the person discharging managerial responsibilities/person closely associated
Name
Joseph (Joe) Grimmond
Reason for notification
Position/Status
Executive chairman of Coral Products plc
Initial notification/
Amendment
Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Coral Products PLC
LEI
N/A
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
Description of the financial instrument, type of instrument
Identification CodeOrdinary Shares of 1p each
ISIN: GB0002235736Nature of the transaction
Purchase of shares
Price(s) and volume(s)
Price(s)
Volume(s)
14.25 pence per share
100,000
Aggregated information
- Aggregated Volume
- Price
N/A
100,000
14,250
Date of the transaction
2017-1-27
Place of the transaction
AIM
David Low - PDMR Notification Form
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
Details of the person discharging managerial responsibilities/person closely associated
Name
David Low
Reason for notification
Position/Status
Non-Executive Director of Coral Products plc
Initial notification/
Amendment
Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Coral Products PLC
LEI
N/A
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
Description of the financial instrument, type of instrument
Identification CodeOrdinary Shares of 1p each
ISIN: GB0002235736Nature of the transaction
Purchase of shares
Price(s) and volume(s)
Price(s)
Volume(s)
14 pence per share
20,000
Aggregated information
- Aggregated Volume
- Price
N/A
20,000
2,800
Date of the transaction
2017-1-27
Place of the transaction
AIM
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHBDGDBLXDBGRR
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