Framework Agreements

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: [phone] Tel: [phone]
Nominated Adviser Cairn Financial Advisers LLP Avi Robinson / Tony Rawlinson	Tel: [phone]
Broker XCAP Securities plc David Lawman / Adrian Kirk	Tel: [phone]
Bankside Consultants Richard Pearson	Tel: [phone]

 

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