Coral Products PLC Transaction in Own Shares (8617O)
13 Octubre 2021 - 1:00AM
UK Regulatory
TIDMCRU
RNS Number : 8617O
Coral Products PLC
13 October 2021
Coral Products plc
("Coral" or the "Company")
Transaction in Own Shares
Coral Products plc (AIM: CRU), a specialist in the design,
manufacture and supply of plastic products, announces that on 12
October 2021, pursuant to the authority approved by shareholders at
the Company's Annual General Meeting dated 13 January 2021, the
Company purchased 200,000 ordinary shares of 1 pence each
("Ordinary Shares") at a price of 13.2 pence each (the
"Transaction").
The Board believes buying back shares at the current price
represents an outstanding opportunity to buy back into treasury
shares which can then be issued to fulfil the anticipated exercise
of existing share options or in part payment for any future
acquisition.
The Ordinary Shares, which have been purchased, will be held in
treasury. Following the Transaction, the Company holds 5,195,000
Ordinary Shares in treasury. Therefore, the total number of voting
rights in the Company is 80,747,534 shares, which 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 Purchase of Ordinary Shares
c)
Price(s) and volume(s) Price(s) Volume(s)
13.2p 200,000
d) Aggregated information
- Aggregated volume 200,000
- Price 13.2p
e) Date of the transaction 12 October 2021
f) Place of the transaction London Stock Exchange, AIM
For further information please contact:
Coral Products plc Tel: 07703 51
Joe Grimmond, Non-Executive 8148
Chairman
Nominated Adviser & Broker
WH Ireland Limited Tel: 0207 220
Adrian Hadden 1666
Darshan Patel
Megan Liddell
Jasper Berry (Corporate Broking)
Capital Markets Consultants Tel: 07515 587
Limited 184
Richard Pearson
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END
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