TIDMCRU

RNS Number : 0368C

Coral Products PLC

16 January 2018

CORAL PRODUCTS PLC

("Coral" or the "Group")

Board changes

Coral Products PLC, a specialist in the design, manufacture and supply of plastic products based in Haydock, Merseyside, is delighted to announce the appointment of Michael (Mick) Wood to the Board as Chief Executive Officer.

Concurrent with Mr Wood's appointment, Joe Grimmond, currently Executive Chairman will become Non-executive Chairman.

Michael Boulton Wood (MSc) (aged 53) was appointed as Chief Operating Officer (a non-board member) on 14 August 2017. Mr Wood was formerly UK Operations Manager at LINPAC Packaging Limited, a global provider of multi-material packaging products for the food industry. He was responsible for two UK manufacturing sites with a combined turnover of circa GBP90m and combined headcount of around 350 staff. Prior to this Mr Wood has held a number of senior roles within the UK packaging industry.

There is no further information regarding Mr Wood required to be disclosed pursuant to AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

 
           Coral Products plc 
  Joe Grimmond, Non- executive Chairman        Tel: 07703 
                                                  518 148 
                                               Tel: 01942 
                                                  272 882 
 Nominated Adviser 
  Cairn Financial Advisers LLP              Tel: 020 7213 
  Tony Rawlinson                                     0880 
  Liam Murray 
 
 Broker 
  Daniel Stewart & Co plc                   Tel: 020 7776 
  David Lawman                                       6550 
 Capital Markets Consultants                   Tel: 07515 
  Richard Pearson                                 587 184

This information is provided by RNS

The company news service from the London Stock Exchange

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