Transaction in Own Shares

RNS Number : 9891G
Character Group PLC
11 February 2010
 



Date: Thursday, 11 February 2010

 

The Character Group plc

('Company' or 'Group')

designers, developers and international distributors of toys, games and gifts

 

Transaction in Own Shares

 

As part of the Group's buy back programme announced on Wednesday 27 January 2010, the Company advises that on Wednesday 10 February 2010 it bought back for cancellation 495,000 ordinary shares of the Company in the market, through Charles Stanley Securities at a price of 105 pence per share. This represents approximately 1.54 per cent. of the current issued share capital of the Company.

 

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) is 31,714,026 ("Revised Issued Voting Share Capital").

 

The Company holds 4,019,456 ordinary shares in treasury, representing approximately 12.67 per cent. of the Revised Issued Voting Share Capital, which do not carry voting rights.

 

The above figure of 31,714,026 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. 

 

Since 27 January 2010, the Company has bought 2,852,955 ordinary shares (approximately 9.0 per cent. of the Revised Issued Voting Share Capital) for cancellation pursuant to the buy back programme at a cost of approximately £2,934,300 (excluding dealing costs and stamp duty).

 

 

Enquiries:



 

Richard King, Chairman

Fiona Tooley

Russell Cook

 

Kiran Shah, Group Finance Director & Joint MD

Keith Gabriel

Jen Boorer

 




 




 

The Character Group plc

Citigate Dewe Rogerson

Charles Stanley Securities

 

Mobile: +44 (0)7836 250150 (RK)

Mobile: +44 (0)7785 703523 (FT)

(Nominated Adviser)

 

Mobile: +44 (0)7956 278522 (KS)

Tel: +44 (0)121 362 4035

Tel: +44 (0)207 149 6000

 

Tel: +44 (0)208 329 3377



 

www.thecharacter.com



 

Ticker: AIM: CCT



 

 


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