Coral Products Plc
("Coral", the "Company" or the "Group")
Director/PDMR dealing
Coral Products plc, a group of specialist businesses in the design, UK manufacture and omni-channel supply of a wide range of bespoke plastic products based in Wythenshawe, Manchester, announces it was informed on 20 February 2025 that Joe Grimmond, the Company's Non-Executive Chairman, purchased 15,000 ordinary shares in the Company of 1 pence each ("Ordinary Shares") at 5.5 pence per Ordinary Share.
As a result of this purchase, Joe Grimmond now has a beneficial interest over 6,602,337 Ordinary Shares in the Company representing 7.42 per cent. of the Company's issued share capital.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). The Directors of the Company take responsibility for this announcement.
For further information, please contact:
| Enquiries: | www.coralproducts.com | Tel: |
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| Coral Products plc Joe Grimmond | Non-Executive Chairman | 07703 518 148
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| Cairn Financial Advisers LLP Sandy Jamieson / Ludovico Lazzaretti
| NOMAD and Broker | 020 7213 0880 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with
| 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 | Joseph Grimmond | |||||
| 2 | Reason for notification |
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| a. | Position/Status | Non-Executive Chairman | |||||
| b. | Initial notification/ Amendment | Initial | |||||
| 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 each
ISIN: GB0002235736 | |||||
| b. | Nature of the transaction | Purchase of Ordinary Shares | |||||
| c. | Price(s) and volume(s) |
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| Price(s) per share | Volume(s) |
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| 5.5p | 15,000 |
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| d. | Aggregated information - Aggregated Volume - Price |
As above As above | |||||
| e. | Date of the transaction | 20 February 2025 | |||||
| f. | Place of the transaction | London Stock Exchange | |||||
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