CORAL PRODUCTS PLC

Related Party Transaction • Jan 15, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6564X

Coral Products PLC

15 January 2014

15 January 2014

CORAL PRODUCTS PLC

("Coral" or the "Group")

Framework Agreements

Coral Products plc is pleased to announce that it has been reappointed by the Eastern Shires Purchasing Organisation and the Central Buying Consortium to supply a range of products under a two year framework agreement, with the option to extend for a further two years.

These appointments together with those announced in the half yearly report dated 11 December 2013 mean the Group is now able to tender for more public authority business than ever before. The inclusion on such framework agreements does not, in itself, guarantee any revenue. It does, however, allow the Group to tender for contracts of real value as they are issued by the purchasing bodies.

Chairman Joe Grimmond commented: "We are delighted to have secured these framework agreements which are the result of much hard work and cooperation with a number of parties. Our inclusion on multiple frameworks demonstrates that we are recognised as a leading supplier of plastic products, all of which are designed and manufactured in the United Kingdom at our facilities and to high quality and environmental standards."

Enquiries

Coral Products plc Joe Grimmond, Non-Executive Chairman Warren Ferster, Chief Executive & Managing Director	Tel: 07703 518 148 Tel: 01942 272 882
Nominated Adviser Cairn Financial Advisers LLP Avi Robinson / Tony Rawlinson	Tel: 020 7148 7900
Broker XCAP Securities plc David Lawman / Adrian Kirk	Tel: 020 7101 7070
Bankside Consultants Richard Pearson	Tel: 020 7367 8888

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRGGUUWGUPCGMC