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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 | 168,934 | 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 : 2735X
Coral Products PLC
30 April 2021
Coral Products plc
("Coral" or the "Company")
Repayment of Coronavirus Business Interruption Loan
Coral Products plc, a specialist in the design, manufacture and supply of plastic products based in Wythenshawe, Manchester is pleased to report that further to the continuing strategic review it has repaid the outstanding balance, in the sum of GBP402,380.96, of the Coronavirus Business Interruption Loan ("CBIL"). This repayment allows the Company to return to normal commercial operations.
Executive Chairman, Joe Grimmond, said : "Following the repayment of the CBIL, we are enabling a return to normal business activity, with three profitable, cash generative businesses, a strong balance sheet and a healthy cash balance. This will support organic growth whilst allowing for us to seek acquisitions to augment our existing activities and reward shareholders for their long term support."
For further information, please contact:
Coral Products plc Tel: 07703 Joe Grimmond, Executive Chairman 51 8148 Nominated Adviser & Broker WH Ireland Limited Tel: 0207 220 Adrian Hadden 1666 Darshan Patel Lydia Zychowska Jasper Berry (Corporate Broking) Capital Markets Consultants Tel: 07515 Limited 587 184 Richard Pearson
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(END) Dow Jones Newswires
April 30, 2021 08:43 ET (12:43 GMT)
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