REG - Character Group PLC - Correction to Directors’ Holdings

CharacterAnnouncement

25/02/2022 13:15

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RNS Number : 8968C  Character Group PLC  25 February 2022

 

Friday, 25 February 2022

 

 

 

THE CHARACTER GROUP PLC

(the "Company")

Designers, developers and international distributor of toys, games and
giftware

 

Correction to Directors' Holdings

 

The Character Group plc announces that the following amendments are being made
to the "Results of Tender Offer" announcement released on 14 February 2022
under RNS number 5112B (the "Initial Announcement") in respect of certain
Directors' holdings following the settlement of the Tender Offer.

 

In the Initial Announcement, the number of shares tendered by each of the
Directors who participated in the Tender Offer was stated subject to
confirmation of final allocations by the relevant CREST nominee shareholder(s)
where applications under the Tender Offer were made by that nominee on behalf
of more than one beneficiary.

 

The Company has now received confirmation of final allocations from each of
the Directors who participated in the Tender Offer. The numbers of shares
tendered under the Tender Offer have been amended for the following Directors
only:

 

 Name                 Number of Ordinary Shares tendered, as stated in the Initial Announcement  Amended number of Ordinary Shares tendered  Amended holding of Ordinary Shares following the Tender Offer  Percentage of issued Ordinary Share capital following the Tender Offer
 Kiran Shah((1))      261,944                                                                    262,102                                     1,914,376                                                      9.92%
 Jon Diver((2))       171,893                                                                    171,892                                     1,256,356                                                      6.51%
 Jeremiah Healy((3))  8,784                                                                      8,183                                       64,817                                                         0.34%
 David Harris((4))    8,205                                                                      12,112                                      56,071                                                         0.29%
 Clive Crouch         1,847                                                                      980                                         14,378                                                         0.07%

 

Notes:

(1)   21,396 Ordinary Shares have been tendered by Mr Shah personally and
240,706 Ordinary Shares by Sarissa Holdings Limited, following which Mr Shah's
interests comprise 155,082 Ordinary Shares held personally by Mr Shah and
1,759,294 Ordinary Shares held by Sarissa Holdings Limited.

(2)   105,474 Ordinary Shares have been tendered by Mr Diver personally and
66,418 Ordinary Shares by Mr Diver's Self Invested Pension Plan, following
which Mr Diver's interests comprise 770,907 Ordinary Shares held personally by
Mr Diver and 485,449 Ordinary Shares held by Mr Diver's Self Invested Pension
Plan.

(3)   1,925 Ordinary Shares have been tendered by Mr Healy personally and
6,258 Ordinary Shares by Mr Healy's wife, following which Mr Healy's interests
comprise 14,075 Ordinary Shares held personally by Mr Healy, 5,000 Ordinary
Shares held by Mr Healy's Self Invested Pension Plan, and 45,742 Ordinary
Shares held by Mr Healy's wife.

(4)   12,112 Ordinary Shares have been tendered by Mr Harris's Self Invested
Pension Plan, following which Mr Harris's interests comprise 16,780 Ordinary
Shares held personally by Mr Harris and 39,291 Ordinary Shares held by Mr
Harris's Self Invested Pension Plan.

 

 

Capitalised terms and expressions have the same meanings as those attributed
to them in the circular letter to shareholders published by the Company on 28
January 2022.

 

The Character Group plc

FTSE sector:  leisure goods:

FTSE AIM All-share: symbol: CCT

Market cap: £121m

Email:  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)

 

 

 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

 Mobile: +44 (0) 7831 802219 (JD)

 Mobile: +44 (0) 7956 278522 (KS)

 Panmure Gordon (Nominated Adviser and Joint Broker)

 Atholl Tweedie, Corporate Finance

 Charles Leigh-Pemberton, Corporate Broking

 Rupert Dearden, Corporate Broking

 Tel:  +44 (0) 20 7886 2500

 Allenby Capital Limited (Joint Broker)

 Nick Athanas/Nick Naylor, Corporate Finance

 Amrit Nahal, 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

 

 

 

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 which is part
of UK domestic law pursuant to the Market Abuse (Amendment) (EU Exit)
regulations (SI 2019/310).

 

 1.                            Details of the persons discharging managerial responsibilities / person
                               closely associated
 a.                            Name                                       (i)    Kiran Shah

                                                                          (ii)   Jon Diver

                                                                          (iii)  Jeremiah Healy

                                                                          (iv)   David Harris

                                                                          (v)    Clive Crouch
 2.                            Reason for the notification
 a.                            Position/status                            (i)    Joint Managing Director and Group Finance Director

                                                                          (ii)   Joint Managing Director

                                                                          (iii)  Group Marketing Director

                                                                          (iv)   Non-Executive Director

                                                                          (v)    Non-Executive Director
 b.                            Initial notification/Amendment             Amendment
 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                         Ordinary shares of 5 pence

                               Financial instrument, type of instrument

                               Identification code                        GB0008976119
 b.                            Nature of the transaction                  Sale of Ordinary Shares pursuant to the Tender Offer
 c.                            Price(s) and volume(s)                     Name            Price(s)  Volume
                                                                          Kiran Shah      630p      262,102
                                                                          Jon Diver       630p      171,892
                                                                          Jeremiah Healy  630p      8,183
                                                                          David Harris    630p      12,112
                                                                          Clive Crouch    630p      980

 
 d.                            Aggregated information                     Not applicable.

                               ·      Aggregated volume

                               ·      Price
 e.                            Date of the transaction                    14 February 2022
 f.                            Place of the transaction                   London Stock Exchange, AIM

 

d.

Aggregated information

·      Aggregated volume

·      Price

Not applicable.

e.

Date of the transaction

14 February 2022

f.

Place of the transaction

London Stock Exchange, AIM

 

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