Transaction in Own Shares

RNS Number : 0070T
Character Group PLC
30 September 2014
 

30 September 2014

 

The Character Group plc

("Character Group" or the "Company")

 

Transaction in Own Shares

 

 

Character Group (AIM:CCT.L) announces that, on 29 September 2014, the Company bought back for cancellation 106,000 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") in the market, at a price of 213 pence per Ordinary Share.  The Ordinary Shares bought back for cancellation represent approximately 0.49 per cent. of the current issued share capital of the Company (excluding Ordinary Shares held in treasury).

 

For the purposes of the Financial Conduct 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 21,545,684 ("Revised Issued Voting Share Capital").

 

The Company has a total unutilised capacity to buy back up to a further 3,903,706 Ordinary Shares under the authority granted at the Annual General Meeting in January 2014.

 

Character Group holds 4,019,456 Ordinary Shares in treasury, representing approximately 18.66 per cent. of the Revised Issued Voting Share Capital, which do not carry voting rights.

 

The figure of 21,545,684 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:



Kiran Shah, Group Finance Director & Joint MD

Fiona Tooley

Russell Cook

Mark Dowding, Company Secretary


Carl Holmes

The Character Group plc

Tooley Street Communications

Charles Stanley Securities


IR & Media Relations

(Nominated Adviser& Broker)

Tel: +44 (0)208 329 3377

Tel: +44 (0)7785 703 523

Tel: +44 (0)207 149 6000

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSLLFVIASIIVIS
UK 100

Latest directors dealings