REG - Coral Products PLC - Transaction in Own Shares

Coral ProductsAnnouncement

23/05/2024 17:45

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RNS Number : 7388P  Coral Products PLC  23 May 2024

23 May 2024

Coral Products plc

(the "Company", or "Coral")

Transaction in Own Shares

 

Coral Products plc, a specialist in the design, manufacture and supply of
plastic products based in Wythenshawe, Manchester, announces that, on 23 May
2024, it purchased 61,260 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:                                                23 May 2024
 Aggregate number of ordinary shares purchased:                   61,260
 Lowest price paid per share (pence per share):                   11.44
 Highest price paid per share (pence per share):                  11.44
 Volume weighted average price paid per share (pence per share):  11.44

 

Following the purchase of the Buyback Shares, the Company will have 90,277,589
ordinary shares of 1 pence each in issue, of which 1,244,892 ordinary shares
are held in treasury. Therefore, the total number of ordinary shares carrying
voting rights will be 89,032,697.

 

The above figure of 89,032,697 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:                  23 May 2024

 Aggregate information:

 Aggregated Volume                  Volume-weighted average price (pence)  Venue
 61,260                             11.44                                  London Stock Exchange

 Individual transactions:

 Volume                             Price (pence)                          Time
 61,260                             11.44                                  15:58:35 UK

 

 

For further information, please contact:

 

 Coral Products plc

 Lance Burn, CEO                                     Tel: 0161 946 9476

 Nominated Adviser & Broker

 Cavendish Capital Markets Limited                   Tel: 020 7397 1966

 Adrian Hadden/Charlie Beeson (Corporate Finance)

 Charlie Combe (ECM)

 Financial PR                                        Tel: 020 3151 7008

 Novella

 Tim Robertson

 Safia Colebrook

 

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