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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coral Products Plc | LSE:CRU | London | Ordinary Share | GB0002235736 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.60 | 9.20 | 10.00 | 9.60 | 9.60 | 9.60 | 10,000 | 08:00:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Plastics Products, Nec | 35.22M | 1.26M | 0.0141 | 6.81 | 8.56M |
TIDMCRU
RNS Number : 6948J
Coral Products PLC
13 September 2016
Coral Products plc
("Coral or the "Company")
Grant of options to a Director and employees
Coral Products plc, a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside announces that Roberto Zandona, a Director of the Company, has been granted 1,156,069 options ("EMI Options") over ordinary shares of 1 pence each in the share capital of the Company ("Ordinary Shares") under the 2014 EMI Share Option Scheme and a further 843,931 options ("Unapproved Options") over Ordinary Shares under an Unapproved Scheme.
In addition, a further 550,000 EMI Options have been granted to 4 current senior management employees.
The EMI Options and Unapproved Options have an exercise price of 21.625 pence per ordinary share, being the closing mid-market price per ordinary share on 12 September 2016, and are exercisable between 13 September 2018 and 12 September 2026, after which they will lapse.
Following the grant of the Options Roberto Zandona has the following options over Ordinary Shares:
Director Option Scheme Number Option exercise Expiry date of options price ----------------- ------------------- ------------ ---------------- ------------------ 2014 Employee Share Option Roberto Zandona Scheme 1,156,069 21.625p 12 September 2026 Unapproved Scheme 843,931 21.625p 12 September 2026 ------------------------------------- ------------ ---------------- ------------------
Following the grant of these options, the total number of options to subscribe for new ordinary shares in the Company held by all Directors and employees is 4,100,000 representing 5% of the issued share capital of the Company.
Enquiries:
Coral Products plc Tel: 07703 518 148 Joe Grimmond, Chairman Cairn Financial Advisers LLP Tel: 020 7148 7900 Nominated Adviser Tony Rawlinson / Liam Murray Daniel Stewart & Company plc Tel: 020 7776 6550 Broker David Lawman Capital Markets Consultants Tel: 07515 587 184 Limited PR Richard Pearson
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCAKNDQKBKDACD
(END) Dow Jones Newswires
September 13, 2016 06:49 ET (10:49 GMT)
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