22 May 2024
Coral Products plc
(the "Company", or "Coral")
Transaction in Own Shares
Coral Products plc, a specialist in the design, manufacture and supply of plastic products based in Wythenshawe, Manchester, announces that, on 22 May 2024, it purchased 75,000 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: | 22 May 2024 |
| Aggregate number of ordinary shares purchased: | 75,000 |
| Lowest price paid per share (pence per share): | 11.33 |
| Highest price paid per share (pence per share): | 11.33 |
| Volume weighted average price paid per share (pence per share): | 11.33 |
Following the purchase of the Buyback Shares, the Company will have 90,277,589 ordinary shares of 1 pence each in issue, of which 1,183,632 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 89,093,957.
The above figure of 89,093,957 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: |
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| Shares purchased: | Coral Products plc (ISIN: GB0002235736) | ||
| Date of purchase: | 22 May 2024 |
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| Aggregate information: |
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| Aggregated Volume | Volume-weighted average price (pence) | Venue |
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| 75,000 | 11.33 | London Stock Exchange | |
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| Individual transactions: |
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| Volume | Price (pence) | Time |
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| 75,000 | 11.33 | 16:25 UK |
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For further information, please contact:
| Coral Products plc Lance Burn, CEO
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Tel: 0161 946 9476
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| Nominated Adviser & Broker Cavendish Capital Markets Limited Adrian Hadden/Charlie Beeson (Corporate Finance) Charlie Combe (ECM) |
Tel: 020 7397 1966 |
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Financial PR Novella Tim Robertson Safia Colebrook |
Tel: 020 3151 7008 |
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