REG - Character Group PLC - Transaction in own shares and TVR

CharacterAnnouncement

17/12/2018 07:05

RNS Number : 6044K
Character Group PLC
17 December 2018
 


 
17 December 2018
 
The Character Group plc
("Character Group" or the "Company")
 
Transaction in Own Shares
 
Character Group announces that, on 14 December it bought-back for cancellation 56,993 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") pursuant to the share buyback programme announced on 12 December 2018 (the "Programme") and the Company's stated objective to enhance shareholder value.
As a result of the above, the Company's issued share capital consists of 23,735,815 Ordinary Shares. The Company holds 2,662,106 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in Character Group is 21,073,709. The figure of 21,073,709 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 change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Company has an unutilised capacity to buy back up to a further 2,963,707 Ordinary Shares under the authority granted at the Annual General Meeting on 19 January 2018.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedules below contain a summary of and detailed information about the purchases made by Panmure Gordon (UK) Limited on behalf of the Company as part of the Programme.
Schedule 1: Summary of buy-back transactions



Date of purchase:


14 December 2018




Number of Ordinary Shares purchased:


56,993




Highest price paid per Ordinary Share (pence)


530




Lowest price paid per Ordinary Share (pence)


530




Volume weighted average price paid per Ordinary Share (pence)


530



 
Schedule 2: Details of buy-back transactions



Date of purchase


Time of purchase (hh:mm - GMT)


Number of Ordinary Shares purchased


Transaction price (pence per Ordinary Share)




14.12.18


15:11


56,993


530



 
Enquiries:
The Character Group plc 
Kiran Shah, Joint MD
Tel: +44 (0)208 329 3377
 
Panmure Gordon, Nominated Adviser and Joint Broker
Atholl Tweedie, Investment Banking
Charles Leigh-Pemberton, Corporate Broking
Tel: +44 (0)20 7886 2500
 
Allenby Capital Limited, Joint Broker
Nick Athanas
Tel: +44 (0)20 3328 5656
 
Tooley Street Communications, IR & Media Relations
Fiona Tooley
Tel: +44 (0)7785 703 523




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
POSFKADPCBDDFBD