Grant of Options

RNS Number : 5335A
Coral Products PLC
30 May 2019
 

CORAL PRODUCTS PLC

("Coral" or the "Group")

 

Grant of Options

 

Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that Lenka Gaborova, a PDMR of the Company and Financial Controller of Tatra Rotalac Ltd, one of the Company's wholly owned subsidiary, has been granted 100,000 options ("EMI Options") over ordinary shares of 1 pence each in the share capital of the Company under the 2014 EMI Share Option Scheme.

 

The EMI Options have an exercise price 16 pence per ordinary share and are exercisable between the second and tenth anniversary of the signing of the EMI Options agreement, being 29 May 2019, after which they will lapse.

 

Prior to the grant of the EMI Options, Lenka Gaborova held no options nor ordinary shares in the Company.

 

 

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

Lenka Gaborova

 

2

Reason for notification


 

a.

Position/Status

PDMR of the Company, Financial Controller of Tatra Rotalac Ltd

 

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

Options over ordinary shares of 1 penny each

 

ISIN: GB0002235736

 

 

b.

Nature of the transaction

Grant of share options

 

c.

Price(s) and volume(s)






 


Price(s) per share

Volume(s)


 

16p

100,000


 

 

 

 

d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

As above

 

As above

 

e.

Date of the transaction

29 May 2019

 

f.

Place of the transaction

UK

 


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END
 
 
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