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CORAL PRODUCTS PLC

Transaction in Own Shares May 22, 2024

7575_rns_2024-05-22_8f9e9e07-4ea7-4ba0-8fc7-4ebbba20b8d1.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 5437P

Coral Products PLC

22 May 2024

22 May 2024

Coral Products plc

(the "Company", or "Coral")

Transaction in Own Shares

Coral Products plc, a specialist in the design, manufacture and supply of plastic products based in Wythenshawe, Manchester, announces that, on 22 May 2024, it purchased 75,000 ordinary shares of 1 pence each (the "Buyback Shares") on the London Stock Exchange through Cavendish Securities PLC ("Cavendish"), in accordance with the terms of its share buyback programme announced on 29 September 2023 (the "Programme"). The Buyback Shares acquired will be held in treasury.

Date of purchase: 22 May 2024
Aggregate number of ordinary shares purchased: 75,000
Lowest price paid per share (pence per share): 11.33
Highest price paid per share (pence per share): 11.33
Volume weighted average price paid per share (pence per share): 11.33

Following the purchase of the Buyback Shares, the Company will have 90,277,589 ordinary shares of 1 pence each in issue, of which 1,183,632 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 89,093,957.

The above figure of 89,093,957 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Cavendish as part of the Programme.

Schedule of Purchases:
Shares purchased: Coral Products plc (ISIN: GB0002235736)
Date of purchase: 22 May 2024
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
75,000 11.33 London Stock Exchange
Individual transactions:
Volume Price (pence) Time
75,000 11.33 16:25 UK

For further information, please contact:  

Coral Products plc

Lance Burn, CEO
Tel: 0161 946 9476
Nominated Adviser & Broker

Cavendish Capital Markets Limited

Adrian Hadden/Charlie Beeson (Corporate Finance)

Charlie Combe (ECM)
Tel: 020 7397 1966
Financial PR

Novella

Tim Robertson

Safia Colebrook
Tel: 020 3151 7008

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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