Director/PDMR Shareholding

RNS Number : 6278R
Character Group PLC
12 December 2016
 

12 December 2016

 

The Character Group plc

("Character Group" or the "Company")

 

Directors' share dealings

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

Character Group (AIM: CCT) announces it has recently undertaken a series of institutional investor meetings which were well received.  In response to demand from institutional and other investors,  Kiran Shah, Joint Managing Director, and Jerry Healy  (Group Marketing Director) have agreed to make stock available to meet this demand

 

Jerry Healy and  Kiran Shah being Directors of the Company and Persons Discharging Managerial Responsibilities (PDMRs), have notified the Company of share  transactions effected in the market  by them respectively as follows:

 

·     On 9 December 2016 Mr Jeremiah Healy Group Marketing Director, exercised 72,000 unapproved share options, at an exercise price of 35.5p per share. Accordingly the Company then allotted to Mr Healy 72,000 Ordinary Shares of 5p each representing 0.34% of the Company's issued voting share capital. Mr Healy has today sold 36,000 Ordinary Shares in the Company at a price of 525p per share.  Following this sale, Mr Healy's shareholding in the Company is 36,000 ordinary shares, which represents approximately 0.17% of the Company's issued voting share capital.

 

·     Kiran Shah, Joint Managing Director, today sold 147,000 Ordinary Shares in the Company at a price of 525p per share. Following this sale, Mr Shah's shareholding interest in the Company is 2,140,001 Ordinary Shares, which represents approximately 10.09% of the Company's issued voting share capital.

 

 

1.            

Details of the person discharging managerial responsibilities / person closely associated

a.            

Name

Jeremiah Healy and Kiran Shah

2.             

Reason for the notification

a.             

Position/status

Group marketing director/Joint managing director

b.             

Initial notification/Amendment

Initial notification

3.             

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.            

Name

The Character Group plc

b.            

LEI


4.             

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.             

Description of the

Financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence

 

 

GB0008976119

b.             

Nature of the transaction

Exercise of share options and sale  of shares

c.             

Price(s) and volume(s)

Price(s)

Volume

Jeremiah Healy

35.5p

72,000 (exercise share options)

Jeremiah Healy

525p

36,000 (sale of shares)

Kiran Shah

525p

147,000 (sale of shares)

d.             

Aggregated information

·      Aggregated volume

·      Price

N/A

e.             

Date of the transaction

9 December 2016 and 12 December 2016

f.             

Place of the transaction

London Stock Exchange, AIM

 

Enquiries:

The Character Group plc 

Mark Dowding, Group Finance Director & Company Secretary

Tel: +44 (0)208 329 3377

                                                                                                                                                                                                                  

Panmure Gordon, Nominated Adviser and Joint Broker

Andrew Godber

Tom Salvesen

Tel: +44 (0)20 7886 2500

 

Allenby Capital Limited, Joint Broker

Nick Athanas

Katrina Perez

Tel: +44 (0)20 3328 5656

 

Tooley Street Communications, IR & Media Relations

Fiona Tooley

Tel: +44 (0)7785 703 523


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