TIDMCRU

RNS Number : 7872Z

Coral Products PLC

22 September 2020

22 September 2020

CORAL PRODUCTS PLC

('Coral' or the 'Company' or the 'Group')

Directors' Dealings

Coral Products PLC, (the "Company" or the "Group") a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside, announces it was informed on 22 September 2020 of the following purchases by the directors of the Company or persons closely associated with them:

 
 Director/PCA     Purchase         Number of       Resultant beneficial   Resultant percentage 
                    price       shares purchased      share holdings          of beneficial 
                                                                             share holdings 
  Noelle Low*     4.7 pence         100,000             1,080,000                1.31% 
                ------------  ------------------  ---------------------  --------------------- 
 Joe Grimmond    4.75 pence         400,000             6,293,337                7.62% 
                ------------  ------------------  ---------------------  --------------------- 
 

* Noelle Low is the spouse of David Low, a director of the Company, and following this transaction, their aggregate holding amounts to 1,080,000 ordinary shares in the Company.

This announcement contains inside information for the purpose of Article 7 of the EU Regulation 596/2014 and has been arranged for release by Sharon Tinsley, Finance Director of the Company.

For further information, please contact:

 
              Coral Products plc 
  Michael (Mick) Wood, Chief Executive Officer     Tel: 07788 565 
                                                        154 
 Nominated Adviser & Broker 
  Cairn Financial Advisers LLP                      Tel: 020 7213 
  Liam Murray                                                0880 
  David Lawman (Corporate Broking) 
 
 
 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
 1       Details of the person discharging managerial responsibilities/person 
          closely associated 
        ---------------------------------------------------------------------------------------- 
 a.      Name                                     Noelle Low 
        ---------------------------------------  ----------------------------------------------- 
 2       Reason for notification 
        ---------------------------------------  ----------------------------------------------- 
 a.      Position/Status                          Wife of Non-Executive Director of Coral 
                                                   Products plc 
        ---------------------------------------  ----------------------------------------------- 
 b.      Initial notification/                    Initial 
          Amendment 
        ---------------------------------------  ----------------------------------------------- 
 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                         Ordinary shares 
          of instrument 
                                                   ISIN: GB0002235736 
          Identification 
          Code 
        ---------------------------------------  ----------------------------------------------- 
 b.      Nature of the                             Purchase of shares 
          transaction 
        ---------------------------------------  ----------------------------------------------- 
 
 c.      Price(s) and volume(s)                    Price(s) per              Volume(s) 
                                                    share 
        ---------------------------------------   ------------------------ 
                                                   4.7p                      100,000 
                                                  ------------------------  ----------------- 
 
 d.      Aggregated information 
 
          - Aggregated Volume                       As above 
 
          - Price                                   As above 
        ---------------------------------------  ----------------------------------------------- 
 e.      Date of the transaction                  22 September 2020 
        ---------------------------------------  ----------------------------------------------- 
 f.      Place of the transaction                 UK 
        ---------------------------------------  ----------------------------------------------- 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
 1       Details of the person discharging managerial responsibilities/person 
          closely associated 
        ---------------------------------------------------------------------------------------- 
 a.      Name                                     Joe Grimmond 
        ---------------------------------------  ----------------------------------------------- 
 2       Reason for notification 
        ---------------------------------------  ----------------------------------------------- 
 a.      Position/Status                          Non-Executive Director of Coral Products 
                                                   plc 
        ---------------------------------------  ----------------------------------------------- 
 b.      Initial notification/                    Initial 
          Amendment 
        ---------------------------------------  ----------------------------------------------- 
 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                         Ordinary shares 
          of instrument 
                                                   ISIN: GB0002235736 
          Identification 
          Code 
        ---------------------------------------  ----------------------------------------------- 
 b.      Nature of the                             Purchase of shares 
          transaction 
        ---------------------------------------  ----------------------------------------------- 
 
 c.      Price(s) and volume(s)                    Price(s) per              Volume(s) 
                                                    share 
        ---------------------------------------   ------------------------ 
                                                   4.75p                     400,000 
                                                  ------------------------  ----------------- 
 
 d.      Aggregated information 
 
          - Aggregated Volume                       As above 
 
          - Price                                   As above 
        ---------------------------------------  ----------------------------------------------- 
 e.      Date of the transaction                  22 September 2020 
        ---------------------------------------  ----------------------------------------------- 
 f.      Place of the transaction                 UK 
        ---------------------------------------  ----------------------------------------------- 
 

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END

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(END) Dow Jones Newswires

September 22, 2020 12:56 ET (16:56 GMT)

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