TIDMCRU

RNS Number : 6279E

Coral Products PLC

12 February 2018

Coral Products plc

("Coral" or the "Company")

PDMR share dealing

Coral Products PLC, a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside, announces that it was notified on 12 February 2018 of the following dealings in ordinary shares by PDMRs of the Company.

On 9 February 2018 Neil Ashurst, a PDMR of the Company, acquired 24,950 ordinary shares in the Company at a price of 12.0p per share, representing 0.03% of the Company's issued share capital. Following this purchase Mr Ashurst owns 76,701 ordinary shares in the Company, representing 0.09% of the Company's issued share capital.

On 9 February 2018 Steve Cranswick, a PDMR of the Company, acquired 1,250 ordinary shares in the Company at a price of 12.88p per share, representing less than 0.01% of the Company's issued share capital. Following this purchase Mr Cranswick owns 51,415 ordinary shares in the Company, representing 0.06% of the Company's issued share capital.

This announcement contains inside information for the purpose of Article 7 of the EU Regulation 596/2014 and has been arranged for release by Sharon Gramauskas, Finance Director of the Company.

Enquiries

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

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------------ 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------------- 
 a.     Name                          Neil Ashurst 
-----  ----------------------------  ----------------------------------------- 
 2      Reason for 
         notification 
-----  ----------------------------  ----------------------------------------- 
 a.     Position/Status               PDMR - Director of Coral Products 
                                       (Mouldings) Limited, a subsidiary 
                                       of Coral Products plc 
-----  ----------------------------  ----------------------------------------- 
 b.     Initial notification/         Initial 
         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 
         instrument,                   Ordinary shares 
         type of instrument            ISIN: GB0002235736 
 
         Identification 
         Code 
-----  ----------------------------  ----------------------------------------- 
 b.     Nature of the                  Purchase of shares 
         transaction 
-----  ----------------------------  ----------------------------------------- 
 
 c.     Price(s) and                   Price(s)              Volume(s) 
         volume(s)                      per share 
-----  ----------------------------   --------------------  --------------- 
                                       12.0p                 24,950 
                                      --------------------  --------------- 
 
 d.     Aggregated 
         information                    As above 
         - Aggregated                   As above 
         Volume 
         - Price 
-----  ----------------------------  ----------------------------------------- 
 e.     Date of the                   9 February 2018 
         transaction 
-----  ----------------------------  ----------------------------------------- 
 f.     Place of the                  UK 
         transaction 
-----  ----------------------------  ----------------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------------ 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------------- 
 a.     Name                          Steve Cranswick 
-----  ----------------------------  ----------------------------------------- 
 2      Reason for 
         notification 
-----  ----------------------------  ----------------------------------------- 
 a.     Position/Status               PDMR - Manager of Coral Products 
                                       (Mouldings) Limited, a subsidiary 
                                       of Coral Products plc 
-----  ----------------------------  ----------------------------------------- 
 b.     Initial notification/         Initial 
         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 
         instrument,                   Ordinary shares 
         type of instrument            ISIN: GB0002235736 
 
         Identification 
         Code 
-----  ----------------------------  ----------------------------------------- 
 b.     Nature of the                  Purchase of shares 
         transaction 
-----  ----------------------------  ----------------------------------------- 
 
 c.     Price(s) and                   Price(s)              Volume(s) 
         volume(s)                      per share 
-----  ----------------------------   --------------------  --------------- 
                                       12.88p                1,250 
                                      --------------------  --------------- 
 
 d.     Aggregated 
         information                    As above 
         - Aggregated                   As above 
         Volume 
         - Price 
-----  ----------------------------  ----------------------------------------- 
 e.     Date of the                   9 February 2018 
         transaction 
-----  ----------------------------  ----------------------------------------- 
 f.     Place of the                  UK 
         transaction 
-----  ----------------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 12, 2018 09:50 ET (14:50 GMT)

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