REG - Character Group PLC - Director's share dealing

CharacterAnnouncement

27/01/2020 18:00

RNS Number : 0708B
Character Group PLC
27 January 2020
 


 
 
27 January 2020
 
 
The Character Group plc
Designers, developers and international distributor of toys, games and giftware
("Character Group" or the "Company")
 
Director's share dealings
 
Notification and public disclosure of transactions by a person discharging
managerial responsibilities and persons closely associated with him
 
Character Group announces that it has today received notice from Mr Richard King, the non-executive Chairman of the Company, that, on 27 January 2020:
 
-     Mr. King purchased 176,120 ordinary shares of 5p each in the Company ("Ordinary Shares") at a price of 313.007p per share; and
 
-     the TOPS Pension Scheme, a pension scheme in which Mr. King is interested and which is in relation to him a Person Closely Associated ("PCA"), sold 176,120 Ordinary Shares at a price of 312.99p per share,
 
both of which transactions were effected through the market.
 
Following these transactions, Mr King's interest in Ordinary Shares, including the interests of PCA's with him, remains 336,286 Ordinary Shares, which represents approximately 1.57% of the Company's issued voting share capital.
 
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
 



1.            


Details of the person discharging managerial responsibilities / person closely associated




a.            


Name


Richard King




2.             


Reason for the notification




a.             


Position/status


Non-executive Chairman




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


213800HY6EB8T8VWWE73




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


Purchase of shares




c.             


Price(s) and volume(s)





Price(s)


Volume




313.007p


176,120








d.             


Aggregated information
·      Aggregated volume
·      Price


Not applicable.




e.             


Date of the transaction


27 January 2020




f.             


Place of the transaction


London Stock Exchange, AIM



 
 



1.    


Details of the person discharging managerial responsibilities / person closely associated




a.            


Name


The TOPS Pension Scheme




2.             


Reason for the notification




a.             


Position/status


Person closely associated with Richard King




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


213800HY6EB8T8VWWE73




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


Sale of shares




c.             


Price(s) and volume(s)





Price(s)


Volume




312.99p


176,120








d.             


Aggregated information
·      Aggregated volume
·      Price


Not applicable.




e.             


Date of the transaction


27 January 2020




f.             


Place of the transaction


London Stock Exchange, AIM



 



ENQUIRIES:










The Character Group plc
Kiran Shah, Company Secretary




Office:      +44 (0) 208 329 3377
Email:  info@charactergroup.plc.uk










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


















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.
 
END
 
 
DSHSEIFWWESSEIF