Directors' Dealing

RNS Number : 3553V
Coral Products PLC
27 January 2017
 

Coral Products plc

("Coral" or the "Company")

Directors' Dealing

 

The Company announces that it has today received the following notifications from PDMRs regarding dealings in restricted securities dated today, 27 January 2017. PDMR notification forms for the individuals in question have been included as an appendix to this announcement.

 

Joe Grimmond - Executive Chairman

Joe Grimmond, Executive Chairman of Coral, has informed the Company of the purchase of 100,000 shares in the Company at a price of 14.25p per share.

 

Mr Grimmond's shareholding in the Company following the transaction comprises 5,273,337 ordinary shares representing 6.4% of the Company's issued ordinary share capital.

 

David Low - Non-Executive Director

David Low, Non-Executive Director of Coral, has informed the Company of the purchase of 20,000 shares in the Company at a price of 14p per share.

 

Mr Low's shareholding in the Company following the transaction comprises 825,000 ordinary shares representing 1.0% of the Company's issued ordinary share capital.

 

The Company's issued share capital comprises of 82,614,865 ordinary shares (1p nominal value) with voting rights.

 

The above figure 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 Disclosure and Transparency Rules.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

Coral Products plc

Tel: 07703 518 148

Joe Grimmond (Executive Chairman)

 

 

 

Nominated Adviser

 

Cairn Financial Advisers LLP

Tel: 020 7213 0880

Tony Rawlinson, Liam Murray

 

 

 

Broker

 

Daniel Stewart & Company plc

Tel: 020 7776 6550

David Lawman

 

 

 

PR

 

Capital Markets Consultants Limited

Tel: 07515 587 184

Richard Pearson

 

 

Joseph Grimmond - PDMR Notification Form

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

Joseph (Joe) Grimmond

Reason for notification

 

  

Position/Status

Executive chairman of Coral Products plc

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Coral Products PLC

LEI

N/A

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary Shares of 1p each

ISIN: GB0002235736


Nature of the transaction

Purchase of shares

Price(s) and volume(s)







Price(s)

Volume(s)


14.25 pence per share

100,000


 

 

Aggregated information

 

- Aggregated Volume

 

- Price

N/A

 

100,000

 

£14,250

Date of the transaction

2017-1-27

Place of the transaction

AIM

 

David Low - PDMR Notification Form

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

David Low

Reason for notification

   

Position/Status

Non-Executive Director of Coral Products plc

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Coral Products PLC

LEI

N/A

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary Shares of 1p each

ISIN: GB0002235736


Nature of the transaction

Purchase of shares

Price(s) and volume(s)







Price(s)

Volume(s)


14 pence per share

20,000


 

 

Aggregated information

 

- Aggregated Volume

 

- Price

N/A

 

20,000

 

£2,800

Date of the transaction

2017-1-27

Place of the transaction

AIM

 

 


This information is provided by RNS
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