RNS Number : 4358O
Coral Products PLC
02 October 2023
 

2 October 2023

Coral Products Plc

("CRU" or the "Company")

Transaction in Own Shares

Coral Products PLC, a specialist in the design, manufacture and supply of injection moulded plastic products based in Wythenshawe, Manchester announces that, on 2 October 2023, it purchased 350,000 ordinary shares of 1 pence each (the "Buyback Shares") on the London Stock Exchange through Cavendish Securities PLC ("Cavendish"), in accordance with the terms of its share buyback programme announced on 29 September 2023 (the "Programme"). The Buyback Shares acquired will be held in treasury.

 

Date of purchase:

2 October 2023

Aggregate number of ordinary shares purchased:

350,000

Lowest price paid per share (pence per share):

14.69

Highest price paid per share (pence per share):

14.69

Volume weighted average price paid per share (pence per share):

14.69

 

Following the purchase of the Buyback Shares, the Company will have 90,277,589 ordinary shares of 1 pence each in issue, of which 750,000 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 89,527,589.

 

The above figure of 89,527,589 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Cavendish as part of the Programme.

 

Schedule of Purchases: 



Shares purchased:        

Coral Products plc (ISIN: GB0002235736)

Date of purchase:        

2 October 2023







Aggregate information:







Aggregated Volume

Volume-weighted average price (pence)

Venue


350,000

14.69

London Stock Exchange





Individual transactions:







Volume

Price (pence)

Time


350,000

14.69

13:46 UK


 

For further information, please contact:

 

Coral Products plc

Joe Grimmond, Chairman           

 

 

Tel: 07703 518 148

 

Nominated Adviser & Broker

Cavendish Securities PLC

Adrian Hadden

Charlie Combe

 

Tel: 020 7397 1966



Financial PR

Novella

Tim Robertson

Tel: 020 3151 7008

 

This announcement has been posted to: https://coralproducts.com/

 

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