Directorate Change

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Regulatory News | 12 Nov, 2024

Updated : 07:01

RNS Number : 7683L
Coral Products PLC
12 November 2024
 

Coral Products Plc

("CRU" or the "Company")

Directorate Change

Coral Products plc, a group of specialist businesses in the design, UK manufacture and omni-channel supply of a wide range of bespoke plastic products based in Wythenshawe, Manchester, announces the resignation from the Board of Phil Allen, Division MD - Rigids, with immediate effect.

The position of Division MD - Rigids will not be replaced, and Phil's duties will be overseen by Ian Hillman, Group COO.  The Group is committed to resetting the cost base of the business in order to be better positioned to operate in the ongoing challenging economic conditions.

Joe Grimmond, Chairman of Coral Products, expressed appreciation for Phil's service, stating, "On behalf of everyone, I would like to thank Phil for his commitment to the Coral group of businesses and wish him well on his future endeavours."

For further information, please contact:

Coral Products plc

Joe Grimmond, Chairman 

 

 

Tel: 07703 518148

 

Nominated Adviser & Broker

Cavendish Capital Markets Limited

Adrian Hadden (Corporate Finance)

Charlie Combe (ECM)

 

Tel: 020 7397 1966



Financial PR

Novella

Tim Robertson/Safia Colebrook

Tel: 020 3151 7008

 

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

 

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