REG - Character Group PLC - Director/PDMR Shareholding & Total Voting Rights

CharacterAnnouncement

06/01/2022 17:55

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RNS Number : 7026X  Character Group PLC  06 January 2022

 

 

 

Thursday, 6 January 2022

 

 

 

The Character Group plc

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

(the "Company")

 

Directors' share dealings

Transfer of treasury shares

and

Total Voting Rights

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 

The Character Group plc (AIM: CCT) announces that, as part of the arrangements
with certain of the executive Directors of the Company which obliges those
Directors to apply a proportion of their net cash annual bonus entitlements in
the purchase of shares in the Company, 33,443 ordinary shares of 5p each in
the capital of the Company held as treasury shares ("the Sale Shares") were
yesterday transferred out of treasury and sold by the Company at a price of
620p per share, being the mid-market closing price of an issued ordinary share
in the capital of the Company on 4 January 2022.  The Sale Shares were
purchased by Mr Jon Diver, Mr Kiran Shah and Mr Joe Kissane, being Directors
of the Company and Persons Discharging Managerial Responsibilities (PDMRs),
from their net cash annual bonus entitlements for the financial year ended 31
August 2021.  The said Directors have, accordingly, notified the Company of
share transactions effected yesterday by them respectively as follows:

 

·      Mr Jon Diver, Joint Managing Director, purchased 18,806 Sale
Shares at a price of 620p per share.  Following this purchase, Mr Diver's
interest in shares in the Company has increased to 1,428,248 Ordinary Shares,
which represents approximately 6.67% of the Company's issued voting share
capital.

 

·      Mr Kiran Shah, Joint Managing Director and Group Finance
Director, purchased 9,758 Sale Shares at a price of 620p per share.
Following this purchase, Mr Shah's interest in shares in the Company has
increased to 2,176,478 Ordinary Shares, which represents approximately 10.16%
of the Company's issued voting share capital.

 

·      Mr Joe Kissane, Managing Director of UK operations, purchased
4,879 Sale Shares at a price of 620p per share.  Following this purchase, Mr
Kissane's interest in shares in the Company has increased to 518,757 Ordinary
Shares, which represents approximately 2.42% of the Company's issued voting
share capital.

 

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                                       Jon Diver, Kiran Shah and Joe Kissane
 2.                            Reason for the notification
 a.                            Position/status                            Joint Managing Director/Joint Managing Director and Group Finance
                                                                          Director/Managing Director, UK Operations
 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                                        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                  Purchase of shares, pursuant to The Character Group plc's annual bonus
                                                                          arrangements for the 2021 financial year
 c.                            Price(s) and volume(s)                     Name         Price(s)  Volume
                                                                          Jon Diver    620p      18,806
                                                                          Kiran Shah   620p      9,758
                                                                          Joe Kissane  620p      4,879

 
 d.                            Aggregated information                     Not applicable.

                               ·      Aggregated volume

                               ·      Price
 e.                            Date of the transaction                    5 January 2022
 f.                            Place of the transaction                   London Stock Exchange, AIM

 

d.

Aggregated information

·      Aggregated volume

·      Price

Not applicable.

e.

Date of the transaction

5 January 2022

f.

Place of the transaction

London Stock Exchange, AIM

 

 

Total Voting Rights (TVR)

Following the above transactions, the Company's issued share capital consists
of 23,608,501 Ordinary Shares of which 2,192,777 are held in treasury.
Therefore, the total number of Ordinary Shares carrying voting rights in
Character Group is 21,415,724.  This figure of 21,415,724 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 a change to their
interest, in the Company under the Disclosure Guidance and Transparency Rules.

 

 

 ENQUIRIES:
 The Character Group plc

 Ray Smyth, Company Secretary
 Office:      +44 (0) 208 329 3377

 Email:  info@charactergroup.plc.uk (mailto:info@charactergroup.plc.uk)

 Panmure Gordon

 (Nominated Adviser and Joint Broker)

 Atholl Tweedie, Investment Banking

 Charles Leigh-Pemberton/Rupert Dearden, Corporate Broking

 Tel:  +44 (0) 20 7886 2500

 Allenby Capital Limited

 (Joint Broker)

 Nick Athanas, 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 (mailto:fiona@tooleystreet.com)

 

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