REG - Coral Products PLC - Transaction in Own Shares

Coral ProductsAnnouncement

07/10/2022 07:00

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RNS Number : 0925C  Coral Products PLC  07 October 2022

7 October 2022

Coral Products plc

(the "Company", the "Group" or "Coral")

 

Transaction in Own Shares

 

Coral Products plc (AIM: CRU), a specialist in the design, manufacture and
supply of plastic products, announces that on 5 October 2022, pursuant to
the authority approved by shareholders at the Company's Annual General Meeting
dated 29 September 2022, the Company transferred 625,000 ordinary shares
of 1 pence each ("Ordinary Shares") at a price of 16.0 pence each (the
"Transaction") to Joseph Green. These shares were issued in part payment for
the acquisition of Manplas Holdings Limited as per RNS dated 19(th) September
2022.

Following the Transaction, the Company has 85,942,534 Ordinary Shares in issue
of which holds 1,914,945 Ordinary Shares are held in treasury. Therefore, the
total number of voting rights in the Company is 84,027,589 Ordinary Shares,
this number may be used by shareholders as the denominator for the
calculations by which they determine if they are required to notify their
interest in, or a change to their interest in, the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.

The information below, set out in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail on shares acquired.

     Details of the trade:
 a)  Name                                                         Coral Products plc
 2   Reason for the notification
 a)  Position/status                                              Treasury Share Account
 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                                                          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  Ordinary shares of 1p

      Identification code

                                                                  GB0002235736
 b)  Nature of the transactions                                   Sale of Ordinary Shares
 c)
     Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  16.0p     625,000
 d)  Aggregated information

     -     Aggregated volume                                      625,000

     -     Price                                                  16.0p
 e)  Date of the transaction                                      5 October 2022
 f)  Place of the transaction                                     London Stock Exchange, AIM

Price(s) and volume(s)

 Price(s)  Volume(s)
 16.0p     625,000

d)

Aggregated information

-     Aggregated volume

-     Price

 

625,000

16.0p

e)

Date of the transaction

5 October 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information, please contact:

 

 Coral Products plc

 Joe Grimmond, Chairman                         Tel: 07703 518 148

 Nominated Adviser & Broker

 Cenkos LLP                                     Tel: 020 7397 1966

 Stephen Keys

 Charlie Combe

 Financial PR                                   Tel: 020 3151 7008

 Novella

 Tim Robertson

 

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