REG - Coral Products PLC - Transaction in Own Shares

Coral ProductsAnnouncement

13/10/2023 17:30

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RNS Number : 1355Q  Coral Products PLC  13 October 2023

13 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 13 October 2023, it purchased 177,353 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:                                                13 October 2023
 Aggregate number of ordinary shares purchased:                   177,353
 Lowest price paid per share (pence per share):                   14.7
 Highest price paid per share (pence per share):                  14.7
 Volume weighted average price paid per share (pence per share):  14.7

 

Following the purchase of the Buyback Shares, the Company will have 90,277,589
ordinary shares of 1 pence each in issue, of which 1,108,632 ordinary shares
are held in treasury. Therefore, the total number of ordinary shares carrying
voting rights will be 89,168,957.

 

The above figure of 89,168,957 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:                  13 October 2023

 Aggregate information:

 Aggregated Volume                  Volume-weighted average price (pence)  Venue
 177,353                            14.7                                   London Stock Exchange

 Individual transactions:

 Volume                             Price (pence)                          Time
 12,423                             14.7                                   14:00 UK
 164,930                            14.7                                   15:45 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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