Director's Dealing • Sep 22, 2020
Director's Dealing
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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 price | Number of shares purchased | Resultant beneficial share holdings | Resultant percentage 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 Liam Murray David Lawman (Corporate Broking) |
Tel: 020 7213 0880 |
| 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/ 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) | |||||
| 4.7p | 100,000 | |||||
| d. | Aggregated information - Aggregated Volume - Price |
As above 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/ 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) | |||||
| 4.75p | 400,000 | |||||
| d. | Aggregated information - Aggregated Volume - Price |
As above As above |
||||
| e. | Date of the transaction | 22 September 2020 | ||||
| f. | Place of the transaction | UK |
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