Business
Update re: supply agreement
Update re: supply agreement.
About this update from Coral Products Plc
[{"type":"text","content":"\n \nRNS Number : 7524J Coral Products PLC 17 June 2014 \n \n\n17 June 2014\nCoral Products plc\n(\"Coral\" or the \"Company\")\n \nUpdate re: supply agreement with major on-line retailer\n \nFurther to the Company's announcement on 16 April 2014, the Board is pleased to announce that the ten year supply agreement (\"Agreement\") with a leading national on-line retailer has now been signed. Pursuant to the Agreement, the Company will supply a range of totes to support the on-line retailer's growing presence as it capitalises upon its acknowledged expertise in this fast expanding area. The customer has indicated that it expects to place orders that would generate revenues to the Company of approximately £8 million in the first two years of the contract. Initial deliveries are programmed from June 2014.\n \n \n \nENQUIRIES:\n \n\n\n\n\nCoral Products plc \nJoe Grimmond, Chairman \nWarren Ferster, Chief Executive\n \n\n\nTel: 01942 272882 \nTel: 07703 518148\n\n\n\n\nCairn Financial Advisers LLP \nAvi Robinson / Tony Rawlinson\n \n\n\nTel: 020 7148 7900\n\n\n\n\nHume Capital Securities plc\nDavid Lawman\n \n\n\nTel: 020 3693 1470\n\n\n\n\nBankside Consultants \nRichard Pearson\n \n\n\nTel: 07515 587184\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END AGRQQLFFZQFEBBV\n ","length":3571,"tagName":"div"}]