REG - Coral Products PLC - First Purchase Order for Delivery Crates <Origin Href="QuoteRef">CRU.L</Origin>

Coral ProductsAnnouncement

16/07/2015 12:07

RNS Number : 8807Q
Coral Products PLC
23 June 2015
23 June 2015
CORAL PRODUCTS PLC
("Coral" or the "Company")
First Purchase Order for Delivery Crates
Coral Products plc, a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside, is pleased to announce that it has received its first purchase order for volume production of specially designed crates for use in on-line delivery centres with a total value of 1.1 million. 
The order, which follows from the Company's announcement in its half yearly report on 8 December 2014 that production had been delayed, forms part of the ten year supply agreement signed in June 2014. Deliveries of the crates are scheduled to commence in August 2015 and completion is expected in January 2016.
Chairman Joe Grimmond commented: "We are delighted to report this first purchase order and we are confident of further orders to come for this exciting new product range."
Enquiries
Coral Products plc
Joe Grimmond, Executive Chairman
Tel: 07703 518 148
Nominated Adviser
Cairn Financial Advisers LLP
Tony Rawlinson / Avi Robinson
Tel: 020 7148 7900
Broker
Daniel Stewart & Company plc
David Lawman / David Coffman
Tel: 020 7776 6550
PR
Capital Markets Consultants Limited
Richard Pearson
Tel: 07515 587184

This information is provided by RNS
The company news service from the London Stock Exchange
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