Completion of the sale of Infinity House

Summary by AI BETAClose X

The Character Group PLC has successfully completed the sale of its warehouse and office complex at Infinity House for £9.8 million gross, with proceeds to be added to the company's general cash resources. This sale follows the exercise of an option granted on April 7, 2026, by the company's subsidiary, Q-Stat Limited, to Robertsbridge Property Co Limited. The transaction was completed on July 23, 2026, as per the terms announced on June 26, 2026.

Disclaimer*

Character Group PLC (The)
23 July 2026
 

Text Description automatically generated

 

 

 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

 

 

 

 

THE CHARACTER GROUP PLC

("Character," the "Company" or the "Group")

 

Designers, developers, and international distributor of toys, games, and giftware

 

 

Exercise of option to purchase Infinity House

 

 

 

 

 

London: Thursday, 23 July 2026: the Board of Character (AIM: CCT) is pleased to report, further to its announcement on 26 June 2026, the successful completion today of the sale of the Group's warehouse and office complex at Infinity House, Townley Street, Middleton, Lancashire. Completion was effected in accordance with the terms, and following the exercise on 25 June 2026, of the option granted to Robertsbridge Property Co Limited by the Company's subsidiary, Q-Stat Limited (the title holder), on 7 April 2026. 

 

The total proceeds of this sale, amounting to £9.8 million (gross), have been received and will be applied to the general cash resources of the Company.

 

 

 

 

Enquiries to:


The Character Group plc

Jon Diver, Joint Managing Director

Kiran Shah, Joint Managing Director

Hamun Shah, Group Finance Director

Office:  +44 (0) 208 329 3377

Email:  info@charactergroup.plc.uk

Group website: www.thecharacter.com

Product ranges can also be viewed at www.character-online.com  

 

FTSE sector: leisure goods:

FTSE AIM All-share: symbol: CCT

CHARACTER GROUP PLC CCT Stock | London Stock Exchange

Market cap:  £52.5m

 

Panmure Liberum

(Nominated Adviser and Joint Broker)

Atholl Tweedie, Investment Banking

Rupert Dearden, Corporate Broking

Tel:  +44 (0) 20 7886 2500

Allenby Capital Limited

(Joint Broker)

Nick Athanas, Corporate Finance

Amrit Nahal/Tony Quirke, Sales & Corporate Broking

Tel:  +44 (0) 20 3328 5656


TooleyStreet Communications Limited

(Investor and media relations)

Fiona Tooley

Tel:  +44 (0) 7785 703523

Email: fiona@tooleystreet.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings