Coral Products PLC Director/PDMR Shareholding (8944Z)

TIDMCRU

RNS Number : 8944Z

Coral Products PLC

22 May 2019

CORAL PRODUCTS PLC

("Coral" or the "Group")

PDMR Dealing

Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 22 May 2019 that Steven Cranswick, a PDMR in the Company, purchased 12,121 ordinary shares in the Company, representing 0.01 per cent. of the Company's issued ordinary share capital, at a price of 7.99 pence on 21 May 2019.

Following this announcement, Mr Cranswick holds 88,064 ordinary shares in the Company, representing 0.11 per cent. of the Company's issued ordinary share capital.

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                                                                      Tel: [phone] 
  Joe Grimmond, Non-Executive Chairman                                                    882 
  Mick Wood, CEO 
 Nominated Adviser and Broker 
  Cairn Financial Advisers LLP                                                             Tel: [phone] 
  Tony Rawlinson / Liam Murray                                                             0880 
 Capital Markets Consultants Limited                                                     Tel: [phone] 
  Richard Pearson                                                                         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                                   Steve Cranswick 
          -------------------------------------  ----------------------------------------------------------- 
  2        Reason for notification 
          -------------------------------------  ----------------------------------------------------------- 
  a.       Position/Status                        PDMR - Manager of Coral Products (Mouldings) 
                                                   Limited, a subsidiary of Coral Products 
                                                   plc 
          -------------------------------------  ----------------------------------------------------------- 
  b.       Initial notification/                  Initial 
            Amendment 
          -------------------------------------  ----------------------------------------------------------- 
  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                       Ordinary shares 
            of instrument 
                                                   ISIN: GB0002235736 
            Identification 
            Code 
          -------------------------------------  ----------------------------------------------------------- 
  b.       Nature of the                           Purchase of shares 
            transaction 
          -------------------------------------  ----------------------------------------------------------- 
 
  c.       Price(s) and volume(s)                  Price(s) per                          Volume(s) 
                                                    share 
          -------------------------------------   ------------------------------------ 
                                                   7.99p                                 12,121 
                                                  ------------------------------------  ---------------- 
 
  d.       Aggregated information 
 
            - Aggregated Volume                     As above 
 
            - Price                                 As above 
          -------------------------------------  ----------------------------------------------------------- 
  e.       Date of the transaction                21 May 2019 
          -------------------------------------  ----------------------------------------------------------- 
  f.       Place of the transaction               UK 
          -------------------------------------  ----------------------------------------------------------- 
 
 

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END

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May 22, 2019 10:45 ET (14:45 GMT)