Coral Products PLC Director Dealing (4715V)

TIDMCRU

RNS Number : 4715V

Coral Products PLC

30 January 2017

Coral Products plc

("Coral" or the "Company")

Director Dealing

The Company announces that it has today received notification from Paul Freud, Corporate Development Director of Coral, regarding a dealing in restricted securities dated 27 January 2017. A PDMR notification form has been included as an appendix to this announcement.

Paul Freud has informed the Company of the purchase of 115,000 shares in the Company at a price of 13p per share.

Mr Freud's shareholding in the Company following the transaction comprises 1,948,333 ordinary shares representing 2.4% 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: [phone] 
 Joe Grimmond (Executive Chairman) 
 
 Nominated Adviser 
 Cairn Financial Advisers LLP        Tel: [phone] 
 Tony Rawlinson, Liam Murray 
 
 Broker 
 Daniel Stewart & Company plc        Tel: [phone] 
 David Lawman 
 
 PR 
 Capital Markets Consultants         Tel: [phone] 
  Limited 
 Richard Pearson 
 

Paul Freud - 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                                   Paul Joseph Freud 
-------------------------------------  --------------------------------------------------------- 
 Reason for notification 
-------------------------------------  --------------------------------------------------------- 
 Position/Status                        Corporate Development Director of Coral Products 
                                         plc 
-------------------------------------  --------------------------------------------------------- 
 Initial notification/                  Initial Notification 
  Amendment 
-------------------------------------  --------------------------------------------------------- 
 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                         Ordinary Shares of 1p each 
  the financial 
  instrument, type                       ISIN: GB0002235736 
  of instrument 
 
  Identification 
  Code 
-------------------------------------  --------------------------------------------------------- 
 Nature of the                          Purchase of shares 
  transaction 
-------------------------------------  --------------------------------------------------------- 
 
 Price(s) and volume(s)                  Price(s)                        Volume(s) 
-------------------------------------   ------------------------------  -------------------- 
   13 pence per 
    share                                                                115,000 
  --------------------------------------------------------------------  -------------------- 
 
 Aggregated information                 N/A 
 
  - Aggregated Volume                    115,000 
 
  - Price                                GBP14,950 
-------------------------------------  --------------------------------------------------------- 
 Date of the transaction                2017-1-27 
-------------------------------------  --------------------------------------------------------- 
 Place of the transaction               AIM 
-------------------------------------  --------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFFFLRIIVID

(END) Dow Jones Newswires

January 30, 2017 07:28 ET (12:28 GMT)