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Character Group PLC (CCT)

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Friday 22 March, 2019

Character Group PLC

Transaction in Own Shares

RNS Number : 7970T
Character Group PLC
22 March 2019
 

 

22 March 2019

 

The Character Group plc

("Character Group" or the "Company")

 

Transaction in Own Shares

 

Character Group (AIM: CCT) announces that it has today bought back for cancellation 9,000 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") pursuant to the share buyback programme announced on 12 December 2018 (the "Programme") and the Company's stated objective to enhance shareholder value.

As a result of the above, the Company's issued share capital consists of 23,687,798 Ordinary Shares. The Company holds 2,466,106 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in Character Group is 21,221,692. The figure of 21,221,692 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 FCA's Disclosure Guidance and Transparency Rules.

The Company has an unutilised capacity to buy back up to a further 3,134,983 Ordinary Shares under the authority granted at the Annual General Meeting on 18 January 2019.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedules below contain a summary of and detailed information about the purchases made by Panmure Gordon (UK) Limited on behalf of the Company as part of the Programme.

Schedule 1: Summary of buy-back transactions

Date of purchase:

22 March 2019

Number of Ordinary Shares purchased:

9,000

Highest price paid per Ordinary Share (pence)

524.6667

Lowest price paid per Ordinary Share (pence)

524.6667

Volume weighted average price paid per Ordinary Share (pence)

524.6667

 

Schedule 2: Details of buy-back transactions

Date of purchase

Time of purchase (hh:mm - GMT)

Number of Ordinary Shares purchased

Transaction price (pence per Ordinary Share)

22/03/19

10.39

9,000

524.6667

 

 

Enquiries:

The Character Group plc                                                                                                                                                                      

Kiran Shah, Joint MD

Tel: +44 (0)208 329 3377

 

Panmure Gordon, Nominated Adviser and Joint Broker

Atholl Tweedie, Investment Banking

Charles Leigh-Pemberton, Corporate Broking

Tel: +44 (0)20 7886 2500

 

Allenby Capital Limited, Joint Broker

Nick Athanas

 

Tel: +44 (0)20 3328 5656

 

Tooley Street Communications, IR & Media Relations

Fiona Tooley

Tel: +44 (0)7785 703 523


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