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Coral Products PLC (CRU)

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Tuesday 05 April, 2011

Coral Products PLC

Directorate Change

RNS Number : 3497E
Coral Products PLC
05 April 2011

Coral Products PLC

("Coral" or "the Company")


Re Directorate


The Board of Coral wishes to announce the following board changes;


Geoffrey Piper, Chairman, has decided not to offer himself for re-election at the forthcoming AGM and will retire from the Board at the conclusion of this AGM. Joe Grimmond, Director, who will be offering himself for re-election to the Board, has agreed, subject to his re-election, to act as Chairman following Geoffrey's resignation.


Kathryn Davenport, a non- executive Director has resigned from the board with immediate effect.


Geoffrey Piper commented:


"Having been on the Board for 16 years and seen the Company through difficult times, I feel now is the time to step down. I believe Coral is now well positioned to grow into a more broadly based manufacturing group and that Joe is ideally qualified to lead the Board in this process. I would also like to thank Kathryn for her valuable contribution."



Coral Products PLC                01942 272882

Warren Ferster, Chief Executive

Joe Grimmond                        07703 518 148


XCAP Securities plc (broker)         020 7107 7070

John Grant/ David Lawman/ David Newton


Bankside Consultants              020 7367 8888

Richard Pearson/ Simon Rothschild



Richard Pearson

Bankside Consultants

Tel    020 7367 8888

D/L   020 7367 8874

Mob  07404 019751

This information is provided by RNS
The company news service from the London Stock Exchange