REG - Coral Products PLC - PDMR Dealing <Origin Href="QuoteRef">CRU.L</Origin>

Coral ProductsAnnouncement

28/10/2016 15:45

RNS Number : 7821N
Coral Products PLC
28 October 2016
CORAL PRODUCTS PLC (the "Company")
PDMR Dealing
The Company announces that it has received the following notification of a dealing in restricted securities from a PDMR, being a disposal by Joe Grimmond, a director of the Company to an associated trust. There is no change in Mr Grimmond's shareholding in the Company following the transaction. Mr Grimmond continues to own 5,173,337 ordinary shares representing 6.26% of the Company's issued ordinary share capital. 
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
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
Joseph (Joe) Grimmond
2
Reason for notification
a.
Position/Status
Non-executive chairman of Coral Products plc
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Coral Products PLC 
b.
LEI
N/A
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 of 1p each

ISIN: GB0002235736


b.
Nature of the transaction
Transfer of personal holding such that there is no change in beneficial holding.
c.
Price(s) and volume(s)






Price(s)
Volume(s)

19.5 pence per share 
170,000

d.
Aggregated information
- Aggregated Volume
- Price
N/A
e.
Date of the transaction
2016-10-28
f.
Place of the transaction
N/A
For further information, please contact:
Enquiries
Coral Products plc
Joe Grimmond, Chairman
Tel: 07703 518 148
Nominated Adviser
Cairn Financial Advisers LLP
Tony Rawlinson / Liam Murray
Tel: 020 7213 0880
Broker
Daniel Stewart & Company plc
David Lawman
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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