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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 : 6471L
Coral Products PLC
16 May 2022
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
Coral Products plc
(the "Company", the "Group" or "Coral")
Transaction in Own Shares
Coral Products plc (AIM: CRU), a specialist in the design, manufacture and supply of plastic products, announces that on 9 May 2022, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 27 October 2021, the Company transferred 4,838,710 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 15.5 pence each (the "Transaction") to Ian Hillman. These shares were issued in part payment for the acquisition of Film and Foil Solutions Limited as per RNS dated 4 May 2022.
Following the Transaction, the Company has 85,942,532 Ordinary Shares in issue of which holds 2,464,945 Ordinary Shares are held in treasury. Therefore, the total number of voting rights in the Company is 83,477,589 ordinary shares, this number 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.
As a result of this transaction, the aggregate holdings of Ian Hillman amounts to 4,838,710 Ordinary Shares in the Company representing 5.8 per cent of the issued share capital.
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/ Initial Notification 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 Ordinary shares of 1p instrument, type of instrument GB0002235736 Identification code b) Nature of the transactions Sale of Ordinary Shares c) Price(s) and volume(s) Price(s) Volume(s) 15.5p 4,838,710 d) Aggregated information - Aggregated volume 4,838,710 - Price 15.5p e) Date of the transaction 9 May 2022 f) Place of the transaction London Stock Exchange, AIM
ENQUIRIES :
Coral Products plc
Joe Grimmond, Executive Chairman Tel: 07703 518148
WH Ireland, Nominated Adviser and Broker Tel: 020 7220 1666
Katy Mitchell
Darshan Patel
Megan Liddell
Capital Markets Consultants Limited Tel: 07515 587184
Richard Pearson
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
POSSFUFEMEESEFI
(END) Dow Jones Newswires
May 16, 2022 08:22 ET (12:22 GMT)
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