Director/PDMR Shareholding

RNS Number : 7608Z
Coral Products PLC
22 May 2019
 

CORAL PRODUCTS PLC

("Coral" or the "Group")

 

Directors' Dealings

 

Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 21 May 2019 that on that date Mick Wood, a Director of the Company, and Joe Grimmond, Non-Executive Chairman of the Company, respectively purchased 37,037 ordinary shares and 50,000 ordinary shares in the Company, representing 0.04 per cent. and 0.06 per cent. of the Company's issued ordinary share capital, at a price of 8.1 pence and 7.99 pence per share respectively.

 

In addition, Noelle Low, spouse of David Low, a Non-Executive Director of the Company, purchased 50,000 ordinary shares in the Company, representing 0.06 per cent of the Company's issued share capital, at a price of 8.4 pence per share on 21 May 2019.

 

Following this announcement, Mr Wood holds 223,601 ordinary shares in the Company, representing 0.27 per cent. of the Company's issued ordinary share capital. Mr Grimmond holds 5,373,337 ordinary shares in the Company, representing 6.50 per cent. of the Company's issued ordinary share capital. Noelle and David Low hold 980,000 ordinary shares in the Company, representing 1.19 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:

 

Enquiries

 

Coral Products plc

Joe Grimmond, Non-Executive Chairman

Mick Wood, CEO

 

Tel: 01942 272 882

 

Nominated Adviser and Broker

Cairn Financial Advisers LLP

Tony Rawlinson / Liam Murray

 

 

Tel: 020 7213 0880

Capital Markets Consultants Limited

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

a)    Mick Wood

b)    Joe Grimmond

c)     Noelle Low

2

Reason for notification


a.

Position/Status

a)    Director of Coral Products plc

b)    Non-Executive Chairman of Coral Products plc

c)     Spouse 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)


a)    8.1p

b)    7.99p

c)     8.4p

a)    37,037

b)    50,000

c)     50,000


 

 

d.

Date of the transaction

21 May 2019

e.

Place of the transaction

UK

 


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END
 
 
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