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Coral Products COO Increases Stake in Company

Story Highlights
  • Coral Products specializes in bespoke plastic products manufacturing and supply.
  • COO Ian Hillman increased his stake in Coral Products to 5.62% by purchasing 162,000 shares.
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Coral Products COO Increases Stake in Company

Coral Products ( (GB:CRU) ) has shared an announcement.

Coral Products plc announced that its Group Chief Operating Officer, Ian Hillman, has purchased 162,000 ordinary shares, increasing his beneficial interest to 5.62% of the company’s issued share capital. This transaction, considered inside information under UK MAR, may indicate confidence in the company’s future prospects and could impact stakeholder perceptions positively.

More about Coral Products

Coral Products plc is a group of specialist businesses involved in the design, UK manufacture, and omni-channel supply of a wide range of bespoke plastic products. The company is based in Wythenshawe, Manchester.

YTD Price Performance: -8.00%

Average Trading Volume: 118,459

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £5.12M

For a thorough assessment of CRU stock, go to TipRanks’ Stock Analysis page.

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