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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% | 12.75 | 12.50 | 13.00 | 12.75 | 12.75 | 12.75 | 34,301 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Plastics Products, Nec | 35.22M | 1.26M | 0.0141 | 9.04 | 11.37M |
TIDMCRU
RNS Number : 6698I
Coral Products PLC
20 April 2022
Coral Products plc
("Coral" or the "Company")
Trading Update and Dividend Declaration
Coral Products Plc, a specialist in the design, manufacture and supply of plastic products, is pleased to report that unaudited management accounts indicate that Sales and, following the sale of land and building at Haydock, reportable pre-tax profits for the year to 30 April 2022 will be materially above market expectations.
The Board intends to declare a second interim dividend of 0.4p per share. The ex-dividend date and record date for this interim dividend will be 12 May 2022 and 13 May 2022 respectively.
This second interim dividend will be paid on 3 June 2022.
The Board will decide on any proposed final dividend on completion of the audited results for the year.
Additionally, the distributable reserves have increased by GBP500k arising from the release of the revaluation reserve following the sale of the land and building at Haydock.
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 Katy Mitchell 1666 Darshan Patel Megan Liddell Fraser Marshall (Corporate Broking) Capital Markets Consultants Tel: 07515 Limited 587 184 Richard Pearson
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
April 20, 2022 02:10 ET (06:10 GMT)
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