Coral Products
CRU · AIM · Industrial Goods and Services · mcap £2.3m · 2.5p 1 open situation →
- EV
- £11.8m
- EV / EBIT
- 4.4x
- Net debt
- £9.5m
- FCF yield
- -149.6%
- Revenue
- £33.3m
- Cash returned
- 10.7%
- Share price 1y
- −72%
- Insiders 12m
- bought £5k
- Next report
- around 30 Oct
Timeline · every situation
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Legal & regulatory
Undisclosed director related party transactions
Disclosed under AIM Rule 13; independent directors deem terms fair
On 6 October 2026 Coral disclosed two historic related party transactions under AIM Rule 13. Then-CEO Ian Hillman put £500,000 (Sept 2025) and £100,000 (Oct 2025) into the company for deal deposits, without telling the Board. The auditors flagged them on 28 September 2026. Both sums are repaid, with no interest or fee. This follows his Board exit on 24 September.
- Amount
- £500,000 (26 and 29 Sept 2025) and £100,000 (16 and 17 Oct 2025) paid in by Ian Hillman
- Repayment
- £500,000 repaid 3 October 2025; £100,000 repaid 30 April 2026
- Cost to company
- No interest or other fee paid to Mr Hillman
- Discovery
- Board told by auditors on 28 September 2026 during audit review
- Board view
- Independent directors, advised by Cairn Financial Advisers, consider terms fair and reasonable for shareholders
- 6 Oct 2026 Disclosed under AIM Rule 13; independent directors deem terms fair
Closed · 2
Company filings. Not investment advice.