AIM Rule 26

This was last reviewed 11/03/24

This page contains information in accordance with Rule 26 of the AIM Rules for Companies.

Shares Information:

AIM Securities

Shares in treasury

Total Shares

Allotted, called up and fully paid shares in issue:

25th January 2024

Total Shares

Share not in public hands

25th January 2024

0 %

there are no restrictions on the transfer of aim securities.

Business Information:

Description of businesses

Coral Products PLC is a manufacturer & distributor of plastic products into a diverse range of sectors including personal care, household, telecoms and rail.

The Group has operations in the UK with manufacturing and distribution facilities within the North West of England.

By developing innovative plastic 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 & operation:

The Group is incorporated in England and Wales and has its operations in the UK.

Details of any other Exchanges or Trading Platform:

The shares of the Company are solely traded on the AIM market operated by the London Stock Exchange.

corporate governance:

Chairman’s Corporate Governance Statement

As 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 2023.

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

Joe Grimmond: Executive Chairman Coral Products PLC

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

uk takeover code:

Coral Products plc is subject to the uk city code on takeovers and mergers.

Company Documents:

Memorandum of Association

Articles of Association

admissions Document:

Admissions Document

Details of advisors

Corporate Advisers

Nominated Adviser and Broker:

Cavendish Capital Markets Limited
One Bartholomew Close, London, EC1A 7BL. Tel: +44 (0)20 7220 0500

Auditors:

Crowe UK LTD
3^rd Floor, The Lexicon, Mount Street, Manchester, M2 5NT. Tel: 0161 214 7500

Financial PR:

Novella Communications
South Wing, Somerset House, London, WC2R 1LA. Tel: 0203 151 7008

Bankers:

Virgin Money
48-50 Market Street, Manchester, M1 1PW

Solicitors:

Legal Clarity Lawyers LLP
55 Newhall Street, Birmingham, B3 3RB Tel: 0845 680727

Registrars:

Share Registrars Ltd
3 The Millennium Way, Crosby Way, Farnham, Surrey, GU9 7XX. Tel: 01252 821390

Coral Products PLC are proud to be an Official User of The QCA Corporate Governance Code.