REG - Character Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CCT.L</Origin>

CharacterAnnouncement

16/10/2017 10:35

RNS Number : 6894T
Character Group PLC
16 October 2017
16 October 2017
The Character Group plc
("Character Group" or the "Company")
Directors' share dealings and Transaction in Own Shares
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them and transaction in own shares
Directors' share dealings
Character Group (AIM: CCT), the designer, developer and international distributor of branded toys, games and giftware, announces that Mr. David Harris, being Director of the Company and Person Discharging Managerial Responsibilities (PDMRs), has notified the Company of share purchase transactions effected in the market by him as follows:
 Mr. David Harris, Non-executive director, purchased 4,181 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") at a price of 406.4 pence per share on 13 October 2017. Following this purchase, Mr. Harris's shareholding in the Company has increased to 60,181 ordinary shares, which represents approximately 0.29% of the Company's issued voting share capital.
1. 
Details of the person discharging managerial responsibilities / person closely associated
a. 
Name
Mr David Harris
2. 
Reason for the notification
a. 
Position/status
Non-executive Director
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

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)
Name
Price(s)
Volume
Mr. David Harris
406.4 pence
4,181



d. 
Aggregated information
 Aggregated volume
 Price
N/A
e. 
Date of the transaction
13 October 2017
f. 
Place of the transaction
London Stock Exchange, AIM
Transaction in Own Shares
In continuing its stated objective to enhance shareholder value, the Company announces that, on 13 October 2017, it bought-back for cancellation 112,000 Ordinary Shares in the market at a price of 400 pence per Ordinary Share. The Ordinary Shares acquired for cancellation represent approximately 0.53 per cent. of the current issued share capital of the Company (excluding 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 20,889,102 ("Revised Issued Voting Share Capital").
The Company has an unutilised capacity to buy back up to a further 2,710,700 Ordinary Shares under the authority granted at the Annual General Meeting on 20 January 2017.
Character Group holds 3,096,506 Ordinary Shares in treasury which do not carry voting rights and these represent approximately 14.82 per cent. of the Revised Issued Voting Share Capital.
The figure of 20,889,102may 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.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains a summary of and detailed information about the purchases made by Panmure Gordon (UK) Limited on behalf of the Group as part of the buy-back programme.
Schedule 1: Summary of buy-back transactions
Date of purchase:
13 October 2017
Number of Ordinary Shares purchased:
112,000
Highest price paid per share (pence)
400
Lowest price paid per share (pence)
400
Average price paid per share (pence)
400
Schedule 2: Details of buy-back transactions
Time (hh:mm - GMT)
Number of Ordinary Shares purchased
Transaction price (pence per share)
09:55
100,000
400
16:33
12,000
400
Enquiries:
The Character Group plc
Kiran Shah, Joint MD
Tel: +44 (0)208 329 3377
Panmure Gordon, Nominated Adviser and Joint Broker
Andrew Godber
Tom Salvesen
Tel: +44 (0)20 7886 2500
Allenby Capital Limited, Joint Broker
Nick Athanas
Katrina Perez
Tel: +44 (0)20 3328 5656
Tooley Street Communications, IR & Media Relations
Fiona Tooley
Tel: +44 (0)7785 703 523

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