REG - Character Group PLC - Annual Results - financial year end 31 August 2025
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RNS Number : 8523L Character Group PLC (The) 17 December 2025
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.
LONDON, WEDNESDAY, 17 DECEMBER 2025
THE CHARACTER GROUP PLC
(the "Company" or "Group" or Character")
Designers, developers and international distributor of toys, games and
giftware
ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED 31 AUGUST 2025
KEY PERFORMANCE INDICATORS 12 months 12 months
ended ended
31 August 2025 31 August 2024
Revenue £100.5m £123.4m
Operating profit before highlighted items* £1.1m £6.5m
Profit before tax and highlighted items* £1.2m £6.6m
Statutory (loss) /profit before tax after highlighted items* £(1.8)m £5.7m
EBITDA (earnings before interest, tax, depreciation and amortisation), before £3.9m £10.1m
highlighted items
Basic earnings per share before highlighted items* 5.59p 29.76p
Diluted earnings per share before highlighted items* 5.59p 29.72p
Basic (loss) / earnings per share after highlighted items (6.74p) 25.96p
Diluted (loss) / earnings per share after highlighted items (6.74p) 25.92p
Dividends declared per share for the year 6.0p 19.0p
Net assets £33.1m £38.6m
Net cash £12.6m £13.2m
*Excludes:
Fair value loss adjustments on FX derivative positions £(3.0m) £(1.0m)
Statutory (loss) / profit before tax after highlighted items* £(1.8)m £5.7m
Depreciation £1.4m £1.4m
Amortisation £1.5m £2.1m
Financial instruments fair value adjustments £3.0m £1.0m
Net interest (income) / interest £(0.2)m £(0.1)m
Adjusted EBITDA £3.9m £10.1m
INTRODUCTION
This has been a difficult year for the Group. As we announced earlier in the
year, the imposition of tariffs on imports to the USA severely impacted the
Group's second half performance. The US accounted for approximately 20% of
the Group's turnover in the prior financial year and, with most of the Group's
production sourced from China, our sales to the USA immediately stalled and
remained weak for the rest of the financial year. In addition, lingering
economic uncertainty and political instability in many regions has also had a
dampening effect in all our markets and has left the industry subdued
globally.
Despite these conditions and the impact on sales, the Group has delivered a
profit before highlighted items and continued to generate cash from
operations, ending the year with a strong cash balance at £12.6m, even after
spending £1.96m in executing its share buyback programme. There is no doubt
that the strength and breadth of our product portfolio and the determination
and ingenuity of our personnel were the main contributors to this result.
OPERATIONAL PERFORMANCE
Group revenue in the year ended 31 August 2025 was £100.5m, against £123.4m
in the comparable 2024 period.
The gross profit margin was 26.2% (FY 2024: 26.5%). On an absolute basis,
gross profit reported is £26.4 million compared to £32.8m for the previous
year. The profit before tax and highlighted items was £1.2m (FY 2024:
£6.6m).
A significant proportion of the Group's purchases are made in US dollars;
therefore, the business is exposed to foreign currency fluctuations. The
Group manages the associated risk through the purchase of forward exchange
contracts and derivative financial instruments. Under International
Financial Reporting Standards (IFRS), at the end of each reporting period the
Group is required to make an adjustment in its financial statements to
incorporate a "fair value" valuation of such financial instruments. The
"fair value" adjustment for this financial period results in a notional loss
of £3.0m. This compares to a corresponding notional loss of £0.97m
reported in the year to 31 August 2024. These "fair value" adjustments are
non-cash items calculated by reference to unpredictable and sometimes volatile
currency spot rates at the relevant balance sheet dates. To present the
results on a "normal" basis, these "fair value" profit adjustments on FX
derivative positions are excluded, although shown separately as "fair value"
to demonstrate the "underlying" position.
The Group is reporting a statutory loss before tax in the period, after
highlighted items, of £1.8m (FY 2024: a profit of £5.7m).
Underlying earnings before interest, tax, depreciation and amortisation were
£3.9m (FY 2024: £10.1m).
Underlying basic earnings per share before highlighted items amounted to 5.59p
(FY 2024: 29.76p). Diluted earnings per share, on the same basis, were 5.59p
(FY 2024: 29.72p).
Basic loss per share after highlighted items was 6.74p (FY 2024: earnings
25.96p). Diluted loss per share, on the same basis, was 6.74p (FY 2024:
earnings 25.92p).
FINANCIAL POSITION, WORKING CAPITAL & CASH FLOW
The Group's net assets at 31 August 2025 totalled £33.1m (31 August 2024:
£38.6m), after completing share buybacks in the year of £1.96m and paying
dividends totalling £2.6m.
Inventories were c.£3.8m lower at the end of the financial period at £16.3m
(31 August 2024: £20.1m).
During the period, the Group generated cash from operations of £7.0m (FY
2024: £14.9m). Net interest received during the year amounted to £0.16m
(FY 2024: £0.1m).
At the end of the financial year, the Group had a net cash position of
£12.6m, compared to £13.2m at the end of the 2024.
DIVIDEND
The Directors will be recommending to shareholders a final dividend of 3.0p
(H2 2024: 11.0p per share). This, together with the interim dividend of 3.0p
per share paid in July 2025, will bring the total dividend for the year to
6.0p per share (FY 2024: 19.0p). The total dividend is covered approximately
0.9 times by underlying annual earnings (2024: 1.56 times).
Subject to approval by shareholders at the Annual General Meeting ("AGM")
which is scheduled to be held at 11am on Friday, 16 January 2026, the
following distribution timetable will apply:
Event Date
Ex-dividend date 15 January 2026
Record date 16 January 2026
Payment date 30 January 2026
OUR PRODUCT PORTFOLIO
Character continues to have a strong innovative portfolio of brands and
products. We are encouraged also by additions to our basket that will be
marketed over the coming 2026 season.
A summary of the key ranges is below:
Ø Goo Jit Zu is our leading brand. We will unveil a range of new Goo
Jit Zu branded products at the forthcoming London Toy Fair in January 2026,
including new figurines based on Minecraft, Marvel and Sonic the Hedgehog.
Ø Sticki Rolls, our popular girls' range, delivered strong growth
during the year and was one of the Group's fastest-growing brands. Performance
was supported by innovative social media marketing initiatives, and the range
was again recognised in the Toy Retailers Association's Dream Toys list for
2025. Further growth is anticipated in 2026, with the planned launch of
licensed extensions based on Minecraft and Squishmallows.
Ø The evergreen Peppa Pig range continued to deliver steady
performance, reflecting the enduring strength of the brand. Sales were further
supported by significant media exposure generated by extensive coverage
surrounding the birth of Baby Evie Pig, which drove increased consumer
awareness. The newly launched Peppa Pig Whizz Around line also performed
well, achieving strong sell-through across both domestic and international
markets.
Ø Mighty Morphin Power Rangers returned to the market, supported by
the relaunch of the original animated series on the Netflix streaming
platform. Sales for the coming Christmas season are encouraging. Additional
momentum is expected from the release of a second animation series later in
2026.
Ø During the financial year, we commenced distribution of a range of
games from US-based company Relatable Games, an award-winning, market-leading
publisher targeting Gen Z and Millennial consumers. This has broadened our
portfolio and strengthened our presence in the adult and family games
category. New to the range in 2026 will be the best-selling murder mystery
game series Hunt A Killer, further enhancing the offer and supporting
continued growth in this segment.
The Group's current portfolio of products and brands can be viewed at
www.character-online.com (http://www.character-online.com) .
SHARE BUY-BACK PROGRAMME
The Company announced a share buyback programme on 29 October 2024 to purchase
ordinary shares with a maximum aggregate consideration (including associated
dealing costs) of two million pounds (£2.0m) and a longstop expiry date of 30
May 2025 (the "Share Buyback Programme"). On 30 May 2025, the Company
announced that it had extended the longstop expiry date for the Share Buyback
Programme to 15 January 2026 and increased maximum aggregate consideration to
£3.0m. During the financial year to 31 August 2025, the Company acquired
for cancellation a total of 757,499 ordinary shares in the Company at an
aggregate cost of approximately £1.96m (including associated dealing costs),
with the average cost being approximately £2.58 per ordinary share (FY 2024:
£2.82). In the period following the year end to the date of this report,
the Company has, under the Share Buyback Programme, acquired for cancellation
a further 301,900 ordinary shares in the Company at an aggregate cost of
approximately £843,000 (excluding associated costs) with the average cost
being approximately £2.79 per ordinary share.
The Company currently has an unutilised authority to buy-back up to a further
1,879,308 ordinary shares. It remains part of our overall strategy to
continue to repurchase the Company's own shares when appropriate. The Board
believes that it is in the Company's and investors' interests to provide
shareholders who wish to realise part or all of their investment in the
Company with an opportunity to access liquidity which may not otherwise be
available in the market and to return excess capital to shareholders.
Therefore, the Board will be seeking a new authority to buy back up to
2,650,000 ordinary shares (representing approximately 15% of the total voting
rights in the Company) at the 2026 AGM. This authority will also allow the
Company to implement buybacks either by way of an announced share buyback
programme or by way of tenders for its issued shares.
TOTAL VOTING RIGHTS
As at today's date, the Company has 19,698,058 ordinary shares in issue,
excluding shares held in treasury. The Company holds 1,983,059 ordinary
shares in treasury, representing approximately 10 per cent. of the issued
share capital. These treasury shares do not carry voting or dividend
rights. Therefore, the total number of voting rights in the Company is
17,714,999. This figure of 17,714,999 may be used by shareholders as the
denominator for the calculations by which they may determine if they are
required to notify their interest, or change to their notified interest, in
the Company under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.
OUR PEOPLE
The Character teams in all our offices have learned over the years to adapt in
an ever-changing and dynamic environment. The US tariffs introduced in
February 2025 created an immense challenge (which still continues) for the
Group, but our team has adeptly managed the market volatility and achieved
what the Board considers to be a commendable result.
We continue to be blessed with a loyal, dedicated and hard-working team and,
on behalf of all our shareholders, we would like to thank them all for their
valiant efforts and in achieving the outcome for the year reported in these
accounts.
THE BOARD
The year has witnessed several changes to the composition of the Company's
Board:
Ø Two of our non-executive directors, Mike Hyde and Clive Crouch,
retired from the Board. We are greatly appreciative of the considerable
contributions these two made to the Group over the years and wish them well
for the future.
Ø Hamun Shah, who joined the Group in March 2024 as the Group's Chief
Financial Officer, was appointed to the Board as the Group Finance Director on
1 February 2025 in succession to Kiran Shah (not a relative). Hamun has had
an immediate impact on the Board with his mixture of natural enthusiasm and
his sound commercial skills and financial abilities.
Ø Kiran Shah had for many years very skilfully combined the roles of
Group Finance Director and Joint Managing Director. Since relinquishing the
primary Board Finance role, he has been able to focus on the Group's corporate
strategy and commercial affairs.
Ø The Board's search for a new independent non-executive director,
following the retirements from the Board in the year, was successful and
resulted in the appointment of Kevin Wall on 1 October 2025. Kevin is a
welcome addition to the Board, and his calm and measured approach has quickly
won the respect and support of his fellow directors.
The newly constituted Board looks forward to meeting the opportunities and
challenges that lie ahead and reporting its progress to shareholders over the
coming years.
THE 2026 ANNUAL GENERAL MEETING (THE MEETING OR AGM)
The Company's 2026 AGM will take place as an in-person meeting at 11:00 a.m.
on Friday, 16 January 2026. The Meeting is to be held at the Group's head
office in New Malden, Surrey. Attendance can be in person, by proxy or, in
the case of a company or organisation, by appointment of a corporate
representative.
The formal Notice of the Meeting and an associated explanatory summary of the
special business to be transacted at the Meeting are set out in the full 2025
Annual Report and Financial Statements, which is being uploaded to view on and
download from the Company's website today.
Shareholders who wish to join the Meeting remotely should register for access
by no later than 11:00am. on Wednesday, 14 January 2026. This can be done by
emailing info@charactergroup.plc.uk (mailto:info@charactergroup.plc.uk)
(stating in the subject line of the email "Character Group: 2026 AGM virtual
attendance"). Invitations enabling remote attendance will be issued by 5:00 pm
on Thursday, 15 January 2026.
Please note, however, that joining remotely will not constitute attendance at
the Meeting for the purposes of being counted in the quorum for the AGM and
that virtual attendees will not be able to vote at the AGM. Shareholders
wishing to attend the Meeting virtually in this fashion are, therefore,
requested to exercise their votes by submitting their forms of proxy
appointing the Chair of the AGM as their proxy, in accordance with the
instructions set out in the notes to the Notice of Meeting, by no later than
Wednesday, 11.00 am on 14 January 2026. If the Chair of the AGM is appointed
as proxy to a shareholder, he/she will vote in accordance with any
instructions given to him/her. If the Chair of the Meeting is given
discretion as to how to vote, he/she will vote in favour of each of the
resolutions to be proposed at the AGM.
Any shareholder that wishes to put questions to the Board is invited to submit
those questions in writing in advance of the Meeting by sending them to
info@charactergroup.plc.uk (mailto:info@charactergroup.plc.uk) (stating
"Character Group: 2026 AGM Questions" in the subject line of the email) by no
later than Wednesday, 11.00 am on 14 January 2026. The Board will seek to
respond to questions asked in person or submitted online either during the AGM
and/or by written responses post the event.
OUTLOOK
Sales in the lead up to Christmas 2025 have been slow and have declined from
the comparable period in 2024. The landscape in all the Group's markets is
still looking unsettled, and we expect that conditions are likely to remain
challenging for the rest of the first half of this financial year. Whilst
these predictions for the current financial year may seem somewhat downbeat,
the launch of new product ranges together with enhancements to the ongoing
ones should support an improvement in the Group's performance in the second
half of the year. Although revenue derived from USA is likely to decline
further, we expect increases in other territories to balance this. However,
whilst the overall annual turnover is likely to remain flat for the current
financial year, the Board expects the Group's FY26 profit (before tax and
highlighted items) to more than double.
The Group emerges from this difficult year with a strong balance sheet, cash
reserves, and substantial unutilised finance facilities. As an expression of
that confidence in the Group's prospects for the year ahead, the Board has
made its recommendation regarding the final dividend for the year under review
and confirms its commitment to continue with a new share buyback programme if
the authority is granted at the forthcoming AGM.
The Board looks forward to welcoming shareholders to the Company's Annual
General Meeting in January 2026 and updating shareholders at that time.
GROUP INCOME STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
E
Note 12 months ended 12 months ended 12 months ended 12 months ended 12 months ended 12 months ended
31 August 31 August 31 August 31 August 31 August 31 August
2025 2025 2025 2024 2024 2024
Result before highlighted items Statutory Result before highlighted items highlighted items Statutory
highlighted items Result Result
£'000 £'000 £'000
£'000 £'000 £'000
Revenue 1 100,465 - 100,465 123,419 - 123,419
Cost of sales (74,094) - (74,094) (90,668) - (90,668)
Gross profit 26,371 - 26,371 32,751 - 32,751
Other income 420 - 420 547 - 547
Selling and distribution expenses (5,725) - (5,725) (6,417) - (6,417)
Administrative expenses (20,005) - (20,005) (20,335) - (20,335)
Operating profit 1,061 - 1,061 6,546 - 6,546
Finance income 290 - 290 184 - 184
Finance costs (134) - (134) (81) - (81)
Changes in fair value of financial instruments - (3,032) (3,032) - (966) (966)
(Loss)/profit before tax 1,217 (3,032) (1,815) 6,649 (966) 5,683
Income tax (186) 758 572 (973) 242 (731)
(Loss)/profit for the period 1,031 (2,274) (1,243) 5,676 (724) 4,952
Attributable to:
Owners of the parent
(Loss)/Profit for the period (1,243) 4,952
(Loss) /Earnings per share (pence)
Basic (loss)/earnings per share 3 (6.74)p 25.96p
Diluted (loss) /earnings per share 3 (6.74)p 25.92p
GROUP STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 AUGUST 2025
Total Total
2025 2024
£000's £000's
(Loss)/profit for the year after tax (1,243) 4,952
Items that will not be reclassified subsequently to profit and loss
Current tax credit relating to exercised share options - 1
- 1
Items that may be reclassified subsequently to profit and loss
Exchange differences on translation of foreign operations 22 (110)
Income tax on exchange differences (37) (41)
(15) (151)
Other comprehensive income for the year, net of income tax (15) (150)
Total comprehensive income for the year attributable to equity holders of the (1,258) 4,802
parent
GROUP BALANCE SHEET
AS AT 31 AUGUST 2025
2025 2024
£000's £000's
Non - current assets
Intangible assets 1,682 1,618
Investment property 1,257 1,323
Property, plant and equipment 10,282 10,065
Right of use assets 634 836
Deferred tax assets 1,939 993
15,794 14,835
Current assets
Inventories 16,288 20,103
Trade and other receivables 19,113 23,991
Current income tax receivable 712 591
Derivative financial instruments 16 16
Cash and cash equivalents 13,295 14,599
49,424 59,300
Current liabilities
Short-term borrowings (708) (1,446)
Trade and other payables (25,524) (31,197)
Lease Liabilities (393) (438)
Income tax (478) (192)
Derivative financial instruments (4,455) (1,424)
(31,558) (34,697)
Net current assets 17,866 24,603
Non-current liabilities
Deferred tax (294) (377)
Lease liabilities (274) (431)
(568) (808)
Net assets 33,092 38,630
Equity
Called up share capital 1,000 1,038
Shares held in treasury (1,664) (1,756)
Capital redemption reserve 1,957 1,919
Share-based payment reserve 4,266 4,231
Share premium account 17,902 17,761
Merger reserve 651 651
Translation reserve 573 698
Profit and loss account 8,407 14,088
Total equity attributable to equity holders of the parent 33,092 38,630
GROUP CASH FLOW
FOR THE YEAR ENDED 31 AUGUST 2025
Group
2025 2024
£000's £000's
Cash flow from operating activities (1,815) 5,683
(Loss)/profit before taxation for the year after highlighted items
Adjustments for:
Depreciation of property, plant and equipment 827 833
Depreciation of investment property 66 65
Depreciation of right of use assets 471 536
Amortisation of intangible assets 1,485 2,096
(Profit) on disposal of property, plant and equipment (25) (13)
Net interest (income) / expense (156) (103)
Financial instruments fair value adjustments 3,032 966
Share-based payments 35 70
Decrease / (increase) in inventories 3,815 (2,148)
Decrease in trade and other receivables 4,878 2,705
(Decrease)/increase in trade and other creditors (5,673) 4,252
Cash generated from operations 6,940 14,942
Finance income 290 184
Finance expense (134) (81)
Income tax paid (329) (3,028)
Net cash inflow from operating activities 6,767 12,017
Cash flows from investing activities
Payments for intangible assets (1,549) (1,376)
Payments for property, plant and equipment (1,069) (858)
Proceeds from disposal of property, plant and equipment 47 14
Net cash outflow from investing activities (2,571) (2,220)
Cash flows from financing activities
Payment of lease liabilities (483) (555)
Proceeds from issue of share capital 233 16
Purchase of own shares for cancellation (1,955) (2,000)
Dividends paid (2,593) (3,623)
Net cash used in financing activities (4,798) (6,162)
Net (decrease) / increase in cash and cash equivalents (602) 3,635
Cash, cash equivalents and borrowings at the beginning of the year 13,153 9,610
Effects of exchange rate movements 36 (92)
Cash, cash equivalents and borrowings at the end of the year 12,587 13,153
Cash, cash equivalents and borrowings consist of:
Cash and cash equivalents 13,295 14,599
Total borrowings (708) (1,446)
Cash, cash equivalents and borrowings at the end of the year 12,587 13,153
GROUP STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2025
Called up share capital Shares held in treasury Capital Share premium account Merger reserve Share-based payment reserve Profit Total
£000's £000's redemption £000's £000's £000's Translation reserve and loss account £000's
reserve £000's £000's
£000's
The Group
At 1 September 2023 1,074 (1,762) 1,883 17,751 651 4,161 971 14,636 39,365
Profit for the year after tax - - - - - - - 4,952 4,952
Other comprehensive income/(expense)
Net exchange differences on translation of foreign operations - - - - - - (273) 122 (151)
Total other comprehensive income/(expense) (273) 122 (151)
Total comprehensive income for the year (273) 5,074 4,801
Transactions with owners, recorded directly in equity
Share-based payment - - - - - 70 - - 70
Deferred tax debit relating to share options - - - - - - - 1 1
Dividends - - - - - - - (3,623) (3,623)
Shares issued - 6 - 10 - - - - 16
Shares cancelled (36) - 36 - - - - (2,000) (2,000)
At 31 August 2024 1,038 (1,756) 1,919 17,761 651 4,231 698 14,088 38,630
Loss for the year after tax (1,243) (1,243)
Other comprehensive income/(expense)
Net exchange differences on translation of foreign operations - - - - - - (125) 110 (15)
Total other comprehensive income/(expense) (125) 110 (15)
Total comprehensive expense for the year (125) (1,133) (1,258)
Transactions with owners, recorded directly in equity
Share-based payment 26 - - - - - 35 - - 35
Dividends - - - - - - - (2,593) (2,593)
Shares issued - 92 - 141 - - - - 233
Shares cancelled (38) - 38 - - - - (1,955) (1,955)
At 31 August 2025 1,000 (1,664) 1,957 17,902 651 4,266 573 8,407 33,092
THE CHARACTER GROUP PLC
NOTES TO THE STATEMENT
1.GEOGRAPHICAL DESTINATION OF REVENUE
12 months ended 12 months ended
31 August 2025 31 August 2024
£000's £000's
United Kingdom 49,574 59,174
Europe 28,377 32,586
Rest of the world 22,514 31,659
Total Group 100,465 123,419
2.EXPENSES BY NATURE - Group
12 months ended 12 months ended
31 August 2025 31 August 2024
£000's £000's
Operating profit is stated after charging/(crediting):
Cost of inventories recognised as an expense (included in cost of sales) 65,100 83,827
Product development costs incurred 1,652 1,536
Product development costs capitalised (1,549) (1,376)
Amortisation of capitalised product development costs 1,466 2,076
Product development costs expensed to cost of sales 1,569 2,236
Debit financial instruments fair value adjustments 3,032 966
(Credit) inventories provisions (33) (798)
Exchange losses 705 391
Staff costs 12,088 12,123
Depreciation of tangible fixed assets
- owned assets 827 833
Depreciation of investment property 66 65
Profit on disposal of property, plant and equipment (25) (13)
Depreciation - right of use assets 471 536
Auditors' remuneration 171 169
3.EARNINGS per share - Group
The earnings used in the calculation of basic and diluted earnings per share
are as follows:
Year ended Year ended
31 August 2025 31 August 2024
(Loss)/profit attributable to equity shareholders of the parent (1,243,000) 4,952,000
Financial instruments fair value adjustments net of tax 2,274,000 724,000
Profit for adjusted earnings per share 1,031,000 5,676,000
Weighted average number of ordinary shares in issue during the year - basic 18,430,863 19,072,573
Weighted average number of ordinary shares for basic and diluted loss per 18,430,863 -
share *
Weighted average number of dilutive potential ordinary shares 1,124 28,275
Weighted average number of ordinary shares for diluted earnings per share 18,431,987 19,101,348
Earnings per share before highlighted items 5.59p 29.76p
Basic earnings per share (pence)
Diluted earnings per share (pence) 5.59p 29.72p
Earnings per share after highlighted items (6.74p) 25.96p
Basic (loss)/earnings per share (pence)
Diluted (loss)/earnings per share (pence) (6.74p) 25.92p
* The potential ordinary shares on exercise of share options are excluded from
the number of weighted average shares due to their anti-dilutive effect.
4.DIVIDEND - group
12 months ended 12 months ended
31 August 2025 31 August 2024
£000's £000's
On equity shares:
Final dividend paid for the year ended 31 August 2024
11.0 pence (2023: 11.0 pence) per share 2,052 2,130
Interim dividend paid for the year ended 31 August 2025
3.0 pence (2024: 8.0 pence) per share 541 1,493
14.0 pence (2024: 19.0 pence) per share 2,593 3,623
The Directors recommend a final dividend of 3.00 pence per share (2024: 11.00
pence) amounting to £531,500 (2024: £2,057,841). If approved by
shareholders, the final dividend will be paid on 30 January 2026 to
shareholders on the register on 16 January 2026.
5.ANNUAL REPORT AND ACCOUNTS
The financial information set out in this announcement does not constitute the
Company's statutory accounts for the years ended 31 August 2025 and 2024.
The financial information for the year ended 31 August 2024 is derived from
the statutory accounts for that year which have been delivered to the
Registrar of Companies. The financial information for the year ended 31
August 2025 is derived from the statutory accounts for that year and those
accounts have today been published and may be viewed and/or downloaded from
the Company's website at www.thecharacter.com (http://www.thecharacter.com)
. The auditor's reported on each of those accounts: their report was
unqualified, did not draw attention to any matters by way of emphasis and did
not contain a statement under s498(2) or (3) of the Companies Act 2006. The
audited statutory accounts for the year ended 31 August 2025 will be delivered
to the Registrar of Companies following the Company's Annual General Meeting.
6.ANNUAL GENERAL MEETING
The Annual General Meeting will be held at 1st Floor, 86-88 Coombe Road, New
Malden, Surrey KT3 4QS on Friday, 16 January 2026 at 11.00am.
7.ELECTRONIC COMMUNICATIONS
The full Financial Statements for the year ended 31 August 2025, incorporating
the Notice of Meeting convening the Company's 2026 Annual General Meeting, is
available for viewing on and download from the Group's website:
www.character.com (http://www.character.com) .
The Character Group plc Market cap: £47m
FTSE sector: leisure goods: Email: info@charactergroup.plc.uk (mailto:info@charactergroup.plc.uk)
FTSE AIM All-share: symbol: CCT Group website: www.thecharacter.com (http://www.thecharacter.com)
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
Panmure Liberum (Nominated Adviser and Joint Broker) Allenby Capital Limited (Joint Broker)
Atholl Tweedie, Investment Banking Nick Athanas, Corporate Finance
Rupert Dearden, Corporate Broking Amrit Nahal / Tony Quirke, Sales & Corporate Broking
Tel: +44 (0) 20 7886 2500 Tel: +44 (0) 20 3328 5656
TooleyStreet Communications Limited (Investor and media relations)
Fiona Tooley,
Tel: +44 (0) 7785 703523; Email: fiona@tooleystreet.com
(mailto:fiona@tooleystreet.com)
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Copyright 2019 Regulatory News Service, all rights reservedRecent news on Character
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