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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% | 9.75 | 9.50 | 10.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Plastics Products, Nec | 35.22M | 1.26M | 0.0141 | 6.91 | 8.69M |
TIDMCRU
RNS Number : 4069Y
Coral Products PLC
14 January 2022
Coral Products plc
("Coral" or the "Company")
Transaction in Own Shares
Coral Products plc (AIM: CRU), a specialist in the design, manufacture and supply of plastic products, announces that on 13 January 2022, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 27 October 2021, the Company purchased 1,340,655 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 15pence each (the "Transaction").
The Board believes buying back shares at the current price represents an outstanding opportunity to buy back into treasury shares which can then be issued to fulfil the anticipated exercise of existing share options or in part payment for any future acquisition.
The Ordinary Shares, which have been purchased, will be held in treasury. Following the Transaction, the Company holds 7,303,655 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 78,638,879 shares, which may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.
Details of the trade: a) Name Coral Products plc 2 Reason for the notification a) Position/status Treasury Share Account b) Initial notification/ Amendment Initial Notification 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 of instrument Ordinary shares of 1p Identification code GB0002235736 b) Nature of the transactions Purchase of Ordinary Shares c) Price(s) and volume(s) Price(s) Volume(s) 15p 1,340,655 d) Aggregated information - Aggregated volume 1,340,655 - Price 15p e) Date of the transaction 13 January 2022 f) Place of the transaction London Stock Exchange, AIM
For further information please contact:
Coral Products plc Tel: 07703 51 Joe Grimmond, Executive Chairman 8148 Nominated Adviser & Broker WH Ireland Limited Tel: 0207 220 Adrian Hadden 1666 Darshan Patel Megan Liddell Jasper Berry (Corporate Broking) Capital Markets Consultants Tel: 07515 587 Limited 184 Richard Pearson
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END
POSSFUFWDEESESF
(END) Dow Jones Newswires
January 14, 2022 02:00 ET (07:00 GMT)
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