REG - Character Group PLC - Transaction in Own Shares

CharacterAnnouncement

10/06/2019 14:35

RNS Number : 7119B
Character Group PLC
10 June 2019
 


 
10 June 2019
 
The Character Group plc
("Character Group" or the "Company")
 
Transaction in Own Shares
 
Character Group (AIM: CCT) announces that, on 7 June 2019, it bought back for cancellation 5,747 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 23,677,251 Ordinary Shares. The Company holds 2,433,256 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in Character Group is 21,243,995. The figure of 21,243,995 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 3,124,436 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:


7 June 2019




Number of Ordinary Shares purchased:


5,747




Highest price paid per Ordinary Share (pence)


548.00




Lowest price paid per Ordinary Share (pence)


548.00




Volume weighted average price paid per Ordinary Share (pence)


548.00



 
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)




07/06/19


08:41 hrs


5,747


548.00



 
 
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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