Coral Products PLC PDMR Dealing (7821N)
October 28 2016 - 9:40AM
UK Regulatory
TIDMCRU
RNS Number : 7821N
Coral Products PLC
28 October 2016
CORAL PRODUCTS PLC (the "Company")
PDMR Dealing
The Company announces that it has received the following
notification of a dealing in restricted securities from a PDMR,
being a disposal by Joe Grimmond, a director of the Company to an
associated trust. There is no change in Mr Grimmond's shareholding
in the Company following the transaction. Mr Grimmond continues to
own 5,173,337 ordinary shares representing 6.26% of the Company's
issued ordinary share capital.
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 Joseph (Joe) Grimmond
----------------------------------------------
2 Reason for
notification
----- ---------------------------- ----------------------------------------------
a. Position/Status Non-executive chairman of Coral
Products plc
----- ---------------------------- ----------------------------------------------
b. Initial notification/ Initial Notification
Amendment
----- ---------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------
a. Name Coral Products PLC
----- ---------------------------- ----------------------------------------------
b. LEI N/A
----- ---------------------------- ----------------------------------------------
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 Ordinary Shares of 1p each
of the financial
instrument, ISIN: GB0002235736
type of instrument
Identification
Code
----- ---------------------------- ----------------------------------------------
b. Nature of the Transfer of personal holding such
transaction that there is no change in beneficial
holding.
----- ---------------------------- ----------------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s)
----- ---------------------------- ------------------------ ----------------
19.5 pence
per share 170,000
----------------------------------------------------------- ----------------
d. Aggregated N/A
information
- Aggregated
Volume
- Price
----- ---------------------------- ----------------------------------------------
e. Date of the 2016-10-28
transaction
----- ---------------------------- ----------------------------------------------
f. Place of the N/A
transaction
----- ---------------------------- ----------------------------------------------
For further information, please contact:
Enquiries
Coral Products plc Tel: 07703
Joe Grimmond, Chairman 518 148
Nominated Adviser Tel: 020 7213
Cairn Financial Advisers LLP 0880
Tony Rawlinson / Liam Murray
Broker Tel: 020 7776
Daniel Stewart & Company plc 6550
David Lawman
PR Tel: 07515
Capital Markets Consultants Limited 587184
Richard Pearson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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