7 October 2022
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 5 October 2022, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 29 September 2022, the Company transferred 625,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 16.0 pence each (the "Transaction") to Joseph Green. These shares were issued in part payment for the acquisition of Manplas Holdings Limited as per RNS dated 19th September 2022.
Following the Transaction, the Company has 85,942,534 Ordinary Shares in issue of which holds 1,914,945 Ordinary Shares are held in treasury. Therefore, the total number of voting rights in the Company is 84,027,589 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.
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 Identification code | Ordinary shares of 1p
GB0002235736 | ||||
| b) | Nature of the transactions | Sale of Ordinary Shares | ||||
| c) | |
| ||||
| | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
625,000 16.0p | ||||
| e) | Date of the transaction | 5 October 2022 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
For further information, please contact:
| Coral Products plc Joe Grimmond, Chairman
|
Tel: 07703 518 148
|
| Nominated Adviser & Broker Cenkos LLP Stephen Keys Charlie Combe |
Tel: 020 7397 1966 |
| | |
| Financial PR Novella Tim Robertson | Tel: 020 3151 7008 |
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