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Character Group PLC (CCT)

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Thursday 29 September, 2011

Character Group PLC

Transaction in Own Shares

RNS Number : 1707P
Character Group PLC
29 September 2011
 

29 September 2011

 

The Character Group plc

("the Company")

 

Transaction in Own Shares

 

 

As part of the Company's stated objective to enhance shareholder value, the Company advises that it has yesterday bought back for cancellation a further 141,920 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") in the market, as listed below.  This represents approximately 0.62 per cent. of the current issued share capital of the Company (excluding shares held in treasury).

 

Number of Ordinary Shares acquired

Price (pence)

81,920

1.72576

60,000

175

 

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this notice (taking into account the Ordinary Shares purchased for cancellation by the Company announced above and excluding Ordinary Shares held in treasury) is 22,935,581 ("Revised Issued Voting Share Capital").

 

The Company has a total unutilised capacity to buy back up to a further 4,537,080 Ordinary Shares under the authority granted at the Annual General Meeting in January 2011.

 

The Company holds 4,019,456 Ordinary Shares in treasury, representing approximately 17.52 per cent. of the Revised Issued Voting Share Capital, which do not carry voting rights.

The figure of 22,935,581 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or change to their interest, in the Company under the Disclosure and Transparency Rules.

 

Enquiries:



Richard King, Chairman


Russell Cook

Kiran Shah, Group Finance Director & Joint MD

Fiona Tooley

Carl Holmes

The Character Group plc

Citigate Dewe Rogerson

Charles Stanley Securities

Tel: +44 (0)208 329 3377

Tel: +44 (0)121 362 4035

(Nominated Adviser)



Tel: +44 (0)207 149 6000

Ticker: AIM: CCT



 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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