REG - Character Group PLC - Annual results for the year ended 31 August 2024
18/12/2024 07:00
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RNS Number : 5561Q Character Group PLC (The) 18 December 2024
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.
Wednesday, 18 December 2024
THE CHARACTER GROUP PLC
("Character," the "Company")
Designers, developers and international distributor of toys, games, and
giftware
Annual results for the year ended 31 August 2024
"Results in line with market expectations"
EXECUTIVE REVIEW
KEY PERFORMANCE INDICATORS
12 months ended 12 months ended
31 August 2024 31 August 2023
Revenue £123.4m £122.6m
Operating profit before highlighted items * £6.5m £5.3m
Profit before tax before highlighted items * £6.6m £5.2m
Statutory profit before tax £5.7m £4.7m
EBITDA £10.1m £8.9m
(earnings before interest, tax, depreciation and amortisation), before
highlighted items
Basic earnings per share before highlighted items* 29.76p 20.15p
Diluted earnings per share before highlighted items* 29.72p 20.00p
Basic earnings per share after highlighted items 25.96p 18.08p
Diluted earnings per share after highlighted items 25.92p 17.95p
Dividends declared per share for the year 19.0p 19.0p
Net assets £38.6m £39.4m
Net cash £13.2m £9.6m
*Excludes: Mark to market (loss)/profit adjustments on FX derivative positions
£(1.0m) £(0.5m)
INTRODUCTION
We are delighted to report that, for the year under review, the Group has
delivered a profit before tax and highlighted items of £6.6m (FY 2023:
£5.2m). This is in line with market expectations, which were increased from
£6.0m at the time of the publication of our interim results in May 2024.
This performance was achieved in a harsh trading environment and against a
constant flow of negative headlines and data concerning the cost of living and
a lack of consumer confidence combining to produce a reduction in sales at
retail. The ongoing conflicts in key regions in the Middle East continued to
severely disrupt the global supply chain and shipping from the Far East.
Viewed against this backdrop, the Group's results are creditable and a
testament to the strength of the Group's product portfolio and the energy,
talent and resourcefulness of our teams around the world.
We have been able to achieve significant savings through the successful
implementation of operational cost efficiencies, including reductions in
storage costs in Scandinavia and efficient marketing. Particularly pleasing
has been the turnaround in the year under review in cash generated from
operations, which increased substantially to £14.9m (FY 2023: £136,000).
This resulted in cash as at the year-end of £13.2m, (FY 2023: £9.6m),
after the successful conclusion of the £2.0m share buyback programme
announced in February 2024.
OPERATIONAL PERFORMANCE
Group revenue for the year ended 31 August 2024 was £123.4m, against £122.6m
in the comparable 2023 period.
The gross profit margin was 26.5% (FY 2023: 26.7%). On an absolute basis,
gross profit reported has been maintained at £32.8m (FY 2023: £32.8m). The
profit before tax and highlighted items was £6.6m (FY 2023: £5.2m).
A significant proportion of the Group's purchases are made in US dollars;
therefore, the business is exposed to foreign currency fluctuations. It
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
"mark to market" valuation of such financial instruments. The "mark to
market" adjustment for this financial period results in a notional loss of
£0.97m. This compares to a corresponding notional loss of £0.51m reported
in the year to 31 August 2023. These "mark to market" 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 "mark to market" profit adjustments on
foreign exchange derivative positions are excluded, although shown separately
as "highlighted items" to demonstrate the "underlying" position.
The Group is reporting a profit before tax in the period, after highlighted
items, of £5.7m (FY 2023: £4.7m). Underlying earnings before interest,
tax, depreciation, and amortisation were £10.1m (FY 2023: £8.9m).
Underlying basic earnings per share before highlighted items amounted to
29.76p (FY 2023: 20.15p). Diluted earnings per share, on the same basis,
were 29.72p (FY 2023: 20.0p).
Basic earnings per share after highlighted items were 25.96p (FY 2023:
18.08p). Diluted earnings per share, on the same basis, were 25.92p (FY
2023: 17.95p).
FINANCIAL POSITION, WORKING CAPITAL & CASH FLOW
The Group's net assets at 31 August 2024 totalled £38.6m (FY 2023: £39.4m).
Inventories stood at £20.1m at the end of the financial period (FY 2023:
£18.0m). Although the actual inventory held at the warehouses was down, the
goods-in-transit were substantially higher due to the longer shipping times
from the Far East.
During the financial year, the Group generated cash from operations of £14.9m
(FY 2023: £136,000). Net interest received in the year amounted to £0.1m
(FY 2023: charge £0.1m).
At the end of the financial year, the Group had a net cash position of
£13.2m, compared to £9.6m at the end of the 2023 comparative period.
DIVIDEND
The Directors will be recommending a maintained final dividend of 11.0p per
share (H2 2023: 11.0p per share). This, together with the interim dividend of
8.0p per share paid in July 2024, will bring the total dividend for the year
to 19.0p per share (FY 2023: 19.0p). The total dividend is covered
approximately 1.56 times by underlying annual earnings (2023: 1.1 times).
Subject to approval by shareholders at the Company's 2025 Annual General
Meeting on 17 January 2025 (the "AGM") the following timetable will apply:
Event Date
Ex-dividend date 16 January 2025
Record date 17 January 2025
Payment date 31 January 2025
OUR PRODUCT PORTFOLIO
Our portfolio of brands and products performed well across the full range
during the financial year, and this has left the Group well poised at the
beginning of the current year. Goo Jit Zu continues to be our leading brand
both at home and abroad and the plans for expanding the range during 2025 and
beyond are well developed and very encouraging.
We are proud that once again this year, one of our products, Sticki Rolls
Sticki Book, featured in the official 2024 Toy Retailers Association "Dream
Toy" listing. Selected by an independent panel of toy retailers and toy
experts, the annual Dream Toys bills itself as the most authoritative
prediction of what are expected to be the hottest new toys on the high street
this festive season.
Planning the expansion and development of our successful portfolio is the
Group's way of maximising the longevity of each brand's shelf life. To
ensure the novelty and relevance of all its lines, Character reassesses,
refreshes, and develops its products on a regular, ongoing basis. Peppa Pig
continues as an "evergreen brand" in the Company's offering, which is to be
further invigorated by the addition of an exciting new range: Peppa Pig Whizz
Around. This is an innovative, Character in-house developed toy category
featuring a brightly coloured range of electronic vehicles, tracks and
playsets aimed at the pre-school market. This range will be launched in summer
2025 and we are delighted that this new concept has presented exceptionally
well at all customer previews to date.
We are also looking forward to the London Toy Fair next month where we shall
showcase all our exciting new developments for Goo Jit Zu and Peppa Pig
ranges as well as our new line of Stuntman Stu products and the other features
of our 2025 catalogue.
The Group's current portfolio of products and brands can be viewed at
www.character-online.com (http://www.character-online.com) .
SHARE BUYBACK PROGRAMME
During the 2024 financial year, the Company acquired a total of 708,472
ordinary shares in the Company at an aggregate cost of c.£2.0m (including
associated dealing costs), with the average cost being approximately £2.81
per ordinary share (FY 2023: nil). On 29 October 2024, the Company commenced
a further buyback programme to purchase ordinary shares with a maximum
aggregate consideration (including associated dealing costs) of c.£2.0m. At
the date of this report, the Company has, under this new programme, acquired
for cancellation a further 66,757 ordinary shares in the Company at an
aggregate cost of approximately £182,156 (excluding associated costs), with
the average cost being approximately £2.73 per ordinary share.
The Company currently has an unutilised authority to buyback up to a further
2,114,771 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 shareholders' interests to provide an
opportunity to access liquidity that is not otherwise available in the market
and enable shareholders to realise part or all their investment in the Company
and subsequently to return excess capital to members.
It is the Board's intention at the 2025 AGM, to seek a new authority to
buyback up to 2,815,000 ordinary shares (representing approximately 15% of the
total voting rights in the Company). If granted, this authority will enable
the current buyback programme to continue until 30 May 2025 or such earlier
date as the maximum aggregate gross purchases effected under the programme
reach the limit of £2.0 million. It will also allow the Company to
implement further buybacks until the AGM in 2026 either by way of an announced
buyback programme or by way of tenders for its issued ordinary shares.
TOTAL VOTING RIGHTS
As at today's date, the Company has 18,707,641 ordinary shares in issue,
excluding shares held in treasury. The Company holds 1,983,059 ordinary
shares in treasury, representing approximately 9.58 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 18,707,641.
This figure of 18,707,641 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
As in previous years, on behalf of the Board and all stakeholders, we wish to
pay tribute and thank every member of the Character team from the warehouse
floor to the boardroom for their extraordinary efforts and unstinting
dedication to serving the Group. These efforts have contributed to the Group's
robust performance despite turbulent trading conditions.
THE BOARD
Two of our Non-executive Directors will be retiring and will not be offering
themselves for re-election at the forthcoming 2025 AGM. These are:
Ø Mike Hyde: after 20 years with the Group and having been a Board member
since 2011 in both an executive and, more recently, a non-executive capacity,
Mike will step down from his role to focus solely on his new fledgling
enterprise. As our senior manager until the end of 2022, when he relinquished
the full-time role, Mike managed our Far Eastern operations with vigour,
intelligence, and great understanding. He has also been invaluable in
assisting with the induction of his successor over the last three years and
directing and informing efforts on the ground in the Far Eastern region. On
behalf of all stakeholders, the Board wishes him every success for the future,
both professionally and personally;
Ø Clive Crouch: after nearly nine years on the Board, Clive is stepping
down as the current Senior Non-executive Director and Chair of the Nominations
Committee of the Board. He has been a solid performer in the boardroom, an
important contributor to Board discussions over the years and his guidance and
contribution have been greatly valued and will be missed. On behalf of
everyone, we thank him for his support and wise counsel over the time of his
tenure with us.
The Board has already begun a search for a suitable replacement Non-executive
Director. The Nominations Committee, which is to be Chaired by Jonathan
Shearman in succession to Clive from the AGM, has been tasked with the
responsibility of sourcing a shortlist of potential candidates to be
considered by the Board. We will update shareholders on progress of this
search at the AGM.
THE 2025 ANNUAL GENERAL MEETING (AGM)
The Company's 2025 AGM will take place as a combined in-person and virtual
meeting and will be held at the Group's head office in New Malden, Surrey at
11.00 a.m. on Friday, 17 January 2025.
The formal Notice of the Meeting and an associated explanatory summary of the
special business to be transacted at the Meeting is set out in the Audited
Annual Report and Accounts published today. Attendance can be in person or
by proxy or, in the case of a company or organisation, by appointment of a
corporate representative.
Shareholders who wish to join the Meeting remotely should register for access
by no later than 11:00am. on Wednesday, 15 January 2025. This can be done by
emailing info@charactergroup.plc.uk (stating in the subject line of the email
"Character Group: 2025 AGM virtual attendance"). Invitations enabling remote
attendance will be issued by 5:00 pm on Thursday, 16 January 2025.
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 15 January 2025. 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: 2025 AGM Questions" in the subject line of the email) by no
later than Wednesday, 11.00 am on 15 January 2025. The Board will seek to
respond to questions asked in person or submitted online either during the AGM
and/or by publishing written responses on the Company's website post the event
together with results of resolution voting.
OUTLOOK
The reception that our retail customers and distributors have given to our
current portfolio together with the brands and product lines that we will be
introducing in our Autumn/Winter 2025 product launches has been very
gratifying. However, the challenging and unpredictable conditions that
persisted throughout much of the last financial year have continued into the
current fiscal year. With buffeting from political and macroeconomic
developments, consumer confidence remains low, and this has adversely affected
footfall in the high street and click-through from online marketplaces in the
lead up to the key Christmas 2024 trading period. Despite this, we are
encouraged by the resilience of our market share in our domestic markets and
the prospects growth in our international markets expected in Q4 of the
current financial year. Accordingly, the Board expect sales and profit
before tax and highlighted items for the full year ending 31 August 2025 to
remain at similar levels to those reported in the year under review.
The Group continues to have a strong cash position and balance sheet. The
Board has maintained the dividend and continued with its share buyback
programme, both of which are considered by the Board to be for the benefit of
all shareholders.
The Board looks forward to welcoming shareholders to the Company's Annual
General Meeting in January 2025 and updating shareholders at that time.
THE CHARACTER GROUP PLC
17 December 2024
GROUP INCOME STATEMENT
for the year ended 31 August 2024
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
2024 2024 2024 2023 2023 2023
Result before highlighted items Statutory Result before highlighted items highlighted items Statutory
highlighted items Result Result
£'000 £'000 £'000
£'000 £'000 £'000
Revenue 1 123,419 - 123,419 122,591 - 122,591
Cost of sales (90,668) - (90,668) (89,805) - (89,805)
Gross profit 32,751 - 32,751 32,786 - 32,786
Other income 547 - 547 473 - 473
Selling and distribution expenses (6,417) - (6,417) (8,534) - (8,534)
Administrative expenses (20,335) - (20,335) (19,425) - (19,425)
Operating profit 6,546 - 6,546 5,300 - 5,300
Finance income 184 - 184 173 - 173
Finance costs (81) - (81) (269) - (269)
Changes in fair value of financial instruments - (966) (966) - (510) (510)
Profit before tax 6,649 (966) 5,683 5,204 (510) 4,694
Income tax (973) 242 (731) (1,305) 110 (1,195)
Profit for the period 5,676 (724) 4,952 3,899 (400) 3,499
Attributable to owners of the parent
Profit for the period 4,952 3,499
Earnings per share (pence) 3
Basic earnings per share 25.96p 18.08p
Diluted earnings per share 25.92p 17.95p
GROUP STATEMENT OF COMPREHENSIVE INCOME
for the year ended 31 August 2024
Total Total
2024 2023
£000's £000's
Profit for the year after tax 4,952 3,499
Items that may be reclassified subsequently to profit and loss
Exchange differences on translation of foreign operations (110) 421
Income tax on exchange differences (40) (301)
Other comprehensive income for the year, net of income tax (150) 120
Total comprehensive income for the year attributable to equity holders of the 4,802 3,619
parent
GROUP BALANCE SHEET
As at 31 August 2024
2024 2023
£000's £000's
Non - current assets
Intangible assets 1,618 2,338
Investment property 1,323 1,388
Property, plant and equipment 10,065 10,009
Right of use assets 836 747
Deferred tax assets 993 525
14,835 15,007
Current assets
Inventories 20,103 17,955
Trade and other receivables 23,991 26,696
Current income tax receivable 591 717
Derivative financial instruments 16 57
Cash and cash equivalents 14,599 10,894
59,300 56,319
Current liabilities
Short-term borrowings (1,446) (1,284)
Trade and other payables (31,197) (26,945)
Lease Liabilities (438) (486)
Income tax (192) (2,117)
Derivative financial instruments (1,424) (498)
(34,697) (31,330)
Net current assets 24,603 24,989
Non-current liabilities
Deferred tax (377) (367)
Lease liabilities (431) (264)
(808) (631)
Net assets 38,630 39,365
Equity
Called up share capital 1,038 1,074
Shares held in treasury (1,756) (1,762)
Capital redemption reserve 1,919 1,883
Share-based payment reserve 4,231 4,161
Share premium account 17,761 17,751
Merger reserve 651 651
Translation reserve 698 971
Profit and loss account 14,088 14,636
Total equity attributable to equity holders of the parent 38,630 39,365
GROUP CASH FLOW
for the year ended 31 August 2024
Group
2024 2023
£000's £000's
Cash flow from operating activities 5,683 4,694
Profit before taxation for the year after highlighted items
Adjustments for:
Depreciation of property, plant and equipment 833 791
Depreciation of investment property 65 65
Depreciation of right of use assets 536 609
Amortisation of intangible assets 2,096 2,175
(Profit) on disposal of property, plant and equipment (13) (52)
Net interest expense (103) 96
Financial instruments fair value adjustments 966 510
Share-based payments 70 204
(Increase) / decrease in inventories (2,148) 8,218
Decrease / (increase) in trade and other receivables 2,705 (1,968)
Increase / (decrease) in trade and other creditors 4,252 (15,206)
Cash generated from operations 14,942 136
Finance income 184 173
Finance expense (81) (269)
Income tax paid (3,028) (3,014)
Net cash (outflow)/inflow from operating activities 12,017 (2,974)
Cash flows from investing activities
Payments for intangible assets (1,376) (2,550)
Payments for property, plant and equipment (858) (1,611)
Proceeds from disposal of property, plant and equipment 14 164
Net cash outflow from investing activities (2,220) (3,997)
Cash flows from financing activities
Payment of lease liabilities (555) (671)
Proceeds from issue of share capital 16 236
Purchase of own shares for cancellation (2,000) -
Dividends paid (3,623) (3,486)
Net cash used in financing activities (6,162) (3,921)
Net increase / (decrease) in cash and cash equivalents 3,635 (10,892)
Cash, cash equivalents and borrowings at the beginning of the year 9,610 20,019
Effects of exchange rate movements (92) 483
Cash, cash equivalents and borrowings at the end of the year 13,153 9,610
Cash, cash equivalents and borrowings consist of:
Cash and cash equivalents 14,599 10,894
Total borrowings (1,446) (1,284)
Cash, cash equivalents and borrowings at the end of the year 13,153 9,610
GROUP STATEMENT OF CHANGES IN EQUITY
for the year ended 31 August 2024
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 2022 1,074 (1,813) 1,883 17,566 651 3,957 1,950 13,630 38,898
Profit for the year after tax - - - - - - - 3,499 3,499
Net exchange differences on translation of foreign operations - - - - - - (979) 1,099 120
Total other comprehensive income/(expense) (979) 1,099 120
Total comprehensive income for the year (979) 4,598 3,619
Share-based payment - - - - - 204 - - 204
Deferred tax debit relating to share options - - - - - - - (106) (106)
Dividends - - - - - - - (3,486) (3,486)
Shares Issued - 51 - 185 - - - - 236
At 31 August 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
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
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
THE CHARACTER GROUP PLC
NOTES TO THE STATEMENT
1. GEOGRAPHICAL DESTINATION OF REVENUE
12 months to 12 months to
31 August 2024 31 August 2023
£000's £000's
United Kingdom 59,174 61,116
Rest of the world 64,245 61,475
Total Group 123,419 122,591
2. EXPENSES BY NATURE - Group
12 months to 12 months to
31 August 2024 31 August 2023
£000's £000's
Operating profit is stated after charging/(crediting):
Cost of inventories recognised as an expense (included in cost of sales) 83,827 77,100
Product development costs incurred 1,536 2,609
Product development costs capitalised (1,376) (2,550)
Amortisation of capitalised product development costs 2,076 2,155
Product development costs expensed to cost of sales 2,236 2,214
Debit/(credit) financial instruments fair value adjustments 966 510
Inventories provisions (798) 944
Exchange losses 391 1,513
Staff costs 12,123 11,358
Depreciation of tangible fixed assets
- owned assets 833 791
Depreciation of investment property 65 65
Profit on disposal of property, plant and equipment (13) (52)
Depreciation - right of use assets 536 609
Auditor's remuneration 169 154
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 2024 31 August 2023
Profit after taxation Profit after
£ taxation
£
Profit attributable to equity shareholders of the parent 4,952,000 3,499,000
Financial instruments fair value adjustments net of tax 724,000 400,000
Profit for adjusted earnings per share 5,676,000 3,899,000
Weighted average number of ordinary shares in issue during the year - basic 19,072,573 19,348,548
Weighted average number of dilutive potential ordinary shares 28,775 148,497
Weighted average number of ordinary shares for diluted earnings per share 19,101,348 19,497,045
Earnings per share before highlighted items 29.76p 20.15p
Basic earnings per share (pence)
Diluted earnings per share (pence) 29.72p 20.00p
Earnings per share after highlighted items 25.96p 18.08p
Basic earnings per share (pence)
Diluted earnings per share (pence) 25.92p 17.95p
4. DIVIDEND - GROUP
12 months to 12 months to
31 August 2024 31 August 2023
£000's £000's
On equity shares:
Final dividend paid for the year ended 31 August 2023
11.0 pence (2022: 10.0 pence) per share 2,130 1,937
Interim dividend paid for the year ended 31 August 2024
8.0 pence (2023: 8.0 pence) per share 1,493 1,549
19.0 pence (2023: 18.0 pence) per share 3,623 3,486
The Directors recommend a final dividend of 11.00 pence per share (2023: 11.00
pence) amounting to £2,057,841 (2023: £2,130,235). If approved by
shareholders, the final dividend will be paid on 31 January 2025 to
shareholders on the register on 17 January 2025.
5. ANNUAL REPORT AND ACCOUNTS
The financial information set out in the announcement does not constitute the
Company's statutory accounts for the years ended 31 August 2024 and 2023.
The financial information for the year ended 31 August 2023 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 2024 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 auditors 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 2024 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 2nd Floor, 86-88 Coombe Road, New
Malden, Surrey KT3 4QS on Friday, 17 January 2025 at 11.00am.
7. ELECTRONIC COMMUNICATIONS
The full Financial Statements for the year ended 31 August 2024, incorporating
the Notice of Meeting convening the Company's 2025 Annual General Meeting, is
available for viewing on and download from the Group's website:
www.character.com (http://www.character.com) .
Enquiries to:
The Character Group plc
Jon Diver, Joint Managing Director
Kiran Shah, Joint Managing Director & Group Finance Director
Office: +44 (0) 208 329 3377
Panmure Gordon (Nominated Adviser and Joint Broker)
Atholl Tweedie, Investment Banking
Rupert Dearden, Corporate Broking
Tel: +44 (0) 20 7886 2500
Allenby Capital Limited (Joint Broker)
Nick Athanas, Corporate Finance
Amrit Nahal / Tony Quirke, Sales & Corporate Broking
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)
The Character Group plc
FTSE sector: leisure goods:
FTSE AIM All-share: symbol: CCT
Market cap: £50m
Email: info@charactergroup.plc.uk (mailto:info@charactergroup.plc.uk)
Group website: www.thecharacter.com (http://www.thecharacter.com)
Product ranges can also be viewed at www.character-online.co.uk
(http://www.character-online.co.uk)
CHARACTER GROUP PLC CCT Stock | London Stock Exchange
(https://www.londonstockexchange.com/stock/CCT/character-group-plc/company-page)
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. END FR DZMMZVRFGDZGRecent news on Character
See all newsREG - Character Group PLC - Transaction in Own Shares & Total Voting Rights
AnnouncementREG - Character Group PLC - Transaction in Own Shares & Total Voting Rights
AnnouncementREG - Character Group PLC - Transaction in Own Shares & Total Voting Rights
AnnouncementREG - Character Group PLC - Transaction in Own Shares & Total Voting Rights
AnnouncementREG - Character Group PLC - Transaction in Own Shares & Total Voting Rights
Announcement