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CORAL PRODUCTS PLC

Director's Dealing Sep 26, 2019

7575_dirs_2019-09-26_80f9ec20-62cf-4f72-aab3-0e7baea85cf0.html

Director's Dealing

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RNS Number : 8078N

Coral Products PLC

26 September 2019

26 September 2019                                        

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 25 September 2019 that Joe Grimmond and Paul Freud, respectively the Non-executive Chairman and an Executive Director of the Company, purchased 500,000 ordinary shares and 100,000 ordinary shares in the Company respectively, representing 0.61 per cent. and 0.12 per cent. of the Company's issued share capital, at an average price of 5.74 pence and at a price of 5.69 pence per ordinary share respectively.

Following the above transactions, Mr Grimmond holds 5,873,337 ordinary shares in the Company, representing 7.11 per cent. of the Company's issued share capital and Mr Freud holds 2,048,333 ordinary shares in the Company, representing 2.48 per cent. of the Company's issued share capital.

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 Gramauskas, 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

Tony Rawlinson

Liam Murray

David Lawman (Corporate Broking)
Tel: 020 7213 0880
Capital Markets Consultants

Richard Pearson
Tel: 07515 587 184
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/

Amendment
Initial
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



Identification Code
Ordinary shares

ISIN: GB0002235736
b. Nature of the transaction Purchase of shares
c. Price(s) and volume(s)
Price(s) per share Volume(s)
5.69p

5.799p
250,000

250,000
d. Aggregated information

- Aggregated Volume

- Price
As above

As above
e. Date of the transaction 25 September 2019
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 Paul Freud
2 Reason for notification
a. Position/Status Director of Coral Products plc
b. Initial notification/

Amendment
Initial
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



Identification Code
Ordinary shares

ISIN: GB0002235736
b. Nature of the transaction Purchase of shares
c. Price(s) and volume(s)
Price(s) per share Volume(s)
5.69p 100,000
d. Aggregated information

- Aggregated Volume

- Price
As above

As above
e. Date of the transaction 25 September 2019
f. Place of the transaction UK

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

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