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Coral Products Chairman Increases Stake in Company

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Coral Products Chairman Increases Stake in Company

The latest announcement is out from Coral Products ( (GB:CRU) ).

Coral Products plc announced that Joe Grimmond, the Non-Executive Chairman, has purchased 100,000 ordinary shares at 7.4 pence each, increasing his beneficial interest to 7.53% of the company’s issued share capital. This transaction, deemed inside information under UK MAR, highlights Grimmond’s confidence in the company’s future prospects and could influence market perceptions and stakeholder decisions.

More about Coral Products

Coral Products plc is a group of specialist businesses focused on the design, UK manufacture, and omni-channel supply of a wide range of bespoke plastic products. Based in Wythenshawe, Manchester, the company operates within the plastic products industry.

YTD Price Performance: 16.00%

Average Trading Volume: 112,950

Technical Sentiment Signal: Strong Buy

Current Market Cap: £6.45M

See more insights into CRU stock on TipRanks’ Stock Analysis page.

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