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RNS Number : 4358O Coral Products PLC 02 October 2023
2 October 2023
Coral Products Plc
("CRU" or the "Company")
Transaction in Own Shares
Coral Products PLC, a specialist in the design, manufacture and supply of
injection moulded plastic products based in Wythenshawe, Manchester announces
that, on 2 October 2023, it purchased 350,000 ordinary shares of 1 pence each
(the "Buyback Shares") on the London Stock Exchange through Cavendish
Securities PLC ("Cavendish"), in accordance with the terms of its share
buyback programme announced on 29 September 2023 (the "Programme"). The
Buyback Shares acquired will be held in treasury.
Date of purchase: 2 October 2023
Aggregate number of ordinary shares purchased: 350,000
Lowest price paid per share (pence per share): 14.69
Highest price paid per share (pence per share): 14.69
Volume weighted average price paid per share (pence per share): 14.69
Following the purchase of the Buyback Shares, the Company will have 90,277,589
ordinary shares of 1 pence each in issue, of which 750,000 ordinary shares are
held in treasury. Therefore, the total number of ordinary shares carrying
voting rights will be 89,527,589.
The above figure of 89,527,589 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 FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No
596/2014 as it applies in the UK (the Market Abuse Regulation), the table
below contains detailed information of the individual trades made by Cavendish
as part of the Programme.
Schedule of Purchases:
Shares purchased: Coral Products plc (ISIN: GB0002235736)
Date of purchase: 2 October 2023
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
350,000 14.69 London Stock Exchange
Individual transactions:
Volume Price (pence) Time
350,000 14.69 13:46 UK
For further information, please contact:
Coral Products plc
Joe Grimmond, Chairman Tel: 07703 518 148
Nominated Adviser & Broker
Cavendish Securities PLC Tel: 020 7397 1966
Adrian Hadden
Charlie Combe
Financial PR Tel: 020 3151 7008
Novella
Tim Robertson
This announcement has been posted to: https://coralproducts.com/
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