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RNS Number : 0485L Character Group PLC 28 December 2022
Wednesday, 28 December 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, 49,318 ordinary shares of 5p each in
the capital of the Company held as treasury shares ("the Sale Shares") were
today transferred out of treasury and sold by the Company at a price of 430p
per share, being the mid-market closing price of an issued ordinary share in
the capital of the Company on 23 December 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 2022. The said Directors have, accordingly, notified the Company of
share transactions effected today by them respectively as follows:
· Mr Jon Diver, Joint Managing Director, purchased 27,733 Sale
Shares at a price of 430p per share. Following this purchase, Mr Diver's
interest in shares in the Company has increased to 1,284,089 Ordinary Shares,
which represents approximately 6.63% of the Company's issued voting share
capital.
· Mr Kiran Shah, Joint Managing Director and Group Finance Director,
purchased 14,390 Sale Shares at a price of 430p per share. Following this
purchase, Mr Shah's interest in shares in the Company has increased to
1,928,766 Ordinary Shares, which represents approximately 9.96% of the
Company's issued voting share capital.
· Mr Joe Kissane, Managing Director of UK operations, purchased
7,195 Sale Shares at a price of 430p per share. Following this purchase, Mr
Kissane's interest in shares in the Company has increased to 463,519 Ordinary
Shares, which represents approximately 2.39% 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 2022 financial year
c. Price(s) and volume(s) Name Price(s) Volume
Jon Diver 430p 27,733
Kiran Shah 430p 14,390
Joe Kissane 430p 7,195
d. Aggregated information Not applicable.
· Aggregated volume
· Price
e. Date of the transaction 28 December 2022
f. Place of the transaction London Stock Exchange, AIM
d.
Aggregated information
· Aggregated volume
· Price
Not applicable.
e.
Date of the transaction
28 December 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 21,465,929 Ordinary Shares of which 2,100,159 are held in treasury.
Therefore, the total number of Ordinary Shares carrying voting rights in
Character Group is 19,365,770. This figure of 19,365,770 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
Rupert Dearden/Charles Leigh-Pemberton, 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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