AIM Rule 26 Information

The information below has been disclosed pursuant to Rule 26 of the AIM Rules for Companies.

Description of business

Coral Products PLC is a manufacturer & distributor of plastic injection, extruded and blow moulded products into a diverse range of sectors including food packaging, personal care, household, healthcare, automotive, telecoms and rail.

The Group has operations in the UK with manufacturing facilities in Haydock, Merseyside, & Wythenshawe, Greater Manchester and distribution facility in Hyde, Greater Manchester.

By developing innovative plastic moulded products, providing excellent customer service and through its hard-working employees, Coral Products continues to restructure its markets to be in a position to create growth and value for its shareholders.

Country of incorporation and main country of operation

The Group is incorporated in  England and Wales and has its operations in the UK. There are with manufacturing facilities in Haydock, Merseyside, & Wythenshawe, Greater Manchester and distribution facility in Hyde, Greater Manchester.

Current constitutional documents 

The company’s Memorandum and Articles of Associations can be found HERE

Details of any other exchanges or trading platforms on which the Company’s shares are traded

Coral Products PLC is admitted to trading on the AIM market of London Stock Exchange PLC. Its shares are not traded on any other market.

AIM Securities

Details of the AIM securities including those NOT in public hands can be found HERE

Details of any restrictions on the transfer of the Company’s shares

There are no restrictions on the transfer of AIM securities.

Annual and Interim accounts and notices of the AGM for the last 5 years

These can be found HERE

Notifications

A complete list of recent announcements can be found HERE

Admission document  

Our Admission Document can be found HERE

Corporate Governance

Chairman’s Corporate Governance Statement

As Non-executive Chairman of the board, my role is to set the strategy for the company, monitor the ongoing performance of the companies within the Group to ensure that they are meeting our requirements and also identify potential acquisitions targets.

In addition, my role also encompasses overseeing the functioning of the board and its effectiveness and ensuring sound corporate governance practices are followed.

All the Directors of Coral believe strongly in the importance of good corporate governance for the creation of shareholder value over the medium to long-term and to engender trust and support amongst the Group’s wider stakeholders.

I work with key executives throughout the organisation to instil good corporate governance practices in accordance with the Code.

In accordance with the changes to AIM Rule 26 the Company is now applying the revised QCA Corporate Governance Code published earlier in 2018.

The board monitors our corporate governance practices and will always implement improvements which further enhance performance and/or benefit stakeholders.

Joe Grimmond
Non – executive Chairman Coral Products PLC

Coral Products PLC’s application of the principals of the QCA code can be downloaded here QCA principles

This was last reviewed 26th September 2018.

Directors

Details of our Directors can be found HERE

Directors Responsibilities

Descriptions of responsibilities of each board member and details of board committees together with their members and responsibilities can be found HERE

City Code on Takeover and Mergers

Coral Products PLC is subject to the UK City Code on Takeovers and Mergers.

Details of Advisers

These can be found HERE