TIDMCRU

RNS Number : 5584F

Coral Products PLC

10 July 2023

10 July 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 10 July 2023, it purchased 292,038 ordinary shares of 1 pence each (the "Buyback Shares") on the London Stock Exchange through Cenkos Securities PLC ("Cenkos"), in accordance with the terms of its share buyback programme announced on 10 July 2023 (the "Programme"). The Buyback Shares acquired will be held in treasury.

 
 Date of purchase:                                  10 July 2023 
 Aggregate number of ordinary shares purchased:     292,038 
 Lowest price paid per share (pence per share):     16.20 
 Highest price paid per share (pence per share):    16.31 
 Volume weighted average price paid per share 
  (pence per share):                                16.29

Following the purchase of the Buyback Shares, the Company will have 90,277,589 ordinary shares of 1 pence each in issue, of which 292,038 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 89,985,551.

The above figure of 89,985,551 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 Cenkos as part of the Programme.

 
 Schedule of Purchases: 
 Shares purchased:    Coral Products plc (ISIN: GB0002235736) 
 Date of purchases:   10 July 2023 
 
 Aggregate information: 
 
 Aggregated Volume    Volume-weighted             Venue 
                       average price 
                       (pence) 
 292,038              16.29                       London Stock Exchange 
 
 Individual transactions: 
 
 Volume               Price (pence)               Time 
 27,295               16.20                       13.26 UK 
 39,098               16.20                       13.33 UK 
 100,000              16.31                       14.50 UK 
 125,645              16.31                       15.54 UK

For further information, please contact:

 
     Coral Products plc 
   Joe Grimmond, Chairman       Tel: 07703 518 
                                     148 
 Nominated Adviser & Broker 
  Cenkos Securities PLC          Tel: 020 7397 
  Adrian Hadden                           1966 
  Charlie Combe 
 
 Financial PR                    Tel: 020 3151 
  Novella                                 7008 
  Tim Robertson

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

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END

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July 10, 2023 12:43 ET (16:43 GMT)

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