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CORAL PRODUCTS PLC

Board/Management Information Jan 16, 2018

7575_rns_2018-01-16_75e2280d-b187-4e38-9cb2-36e7f6a92d2d.html

Board/Management Information

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RNS Number : 0368C

Coral Products PLC

16 January 2018

CORAL PRODUCTS PLC

("Coral" or the "Group")

Board changes

Coral Products PLC, a specialist in the design, manufacture and supply of plastic products based in Haydock, Merseyside, is delighted to announce the appointment of Michael (Mick) Wood to the Board as Chief Executive Officer.

Concurrent with Mr Wood's appointment, Joe Grimmond, currently Executive Chairman will become Non-executive Chairman.

Michael Boulton Wood (MSc) (aged 53) was appointed as Chief Operating Officer (a non-board member) on 14 August 2017. Mr Wood was formerly UK Operations Manager at LINPAC Packaging Limited, a global provider of multi-material packaging products for the food industry. He was responsible for two UK manufacturing sites with a combined turnover of circa £90m and combined headcount of around 350 staff. Prior to this Mr Wood has held a number of senior roles within the UK packaging industry.

There is no further information regarding Mr Wood required to be disclosed pursuant to AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

Coral Products plc

Joe Grimmond, Non- executive Chairman
Tel: 07703 518 148

Tel: 01942 272 882
Nominated Adviser

Cairn Financial Advisers LLP

Tony Rawlinson

Liam Murray
Tel: 020 7213 0880
Broker

Daniel Stewart & Co plc

David Lawman
Tel: 020 7776 6550
Capital Markets Consultants

Richard Pearson
Tel: 07515 587 184

This information is provided by RNS

The company news service from the London Stock Exchange

END

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