REG - Character Group PLC - Transaction in Own Shares <Origin Href="QuoteRef">CCT.L</Origin>

CharacterAnnouncement

21/06/2016 18:25

RNS Number : 8849B
Character Group PLC
21 June 2016
21 June 2016
The Character Group plc
Designers, developers and international distributor of toys, games and giftware
("Character Group" or the "Company")
Transaction in Own Shares
In continuing its stated objective to enhance shareholder value, Character Group (AIM:CCT.L) announces that, on 21 June 2016, it bought-back for cancellation 35,000 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares")in the market at a price of 515 pence per Ordinary Share. The Ordinary Shares acquired for cancellation represent approximately 0.16 per cent. of the current issued share capital of the Company (excluding shares held in treasury).
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this notice (taking into account the Ordinary Shares purchased for cancellation by the Company announced above and excluding Ordinary Shares held in treasury) is 21,398,554 ("Revised Issued Voting Share Capital").
The Company has an unutilised capacity to buy back up to a further 3,093,700 Ordinary Shares under the authority granted at the Annual General Meeting on 16 January 2016. 
Character Groupholds 3,269,456 Ordinary Shares in treasury which do not carry voting rights and these represent approximately 15.28 per cent. of the Revised Issued Voting Share Capital. 
The figure of 21,398,554 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 Disclosure and Transparency Rules. 
Enquiries:
The Character Group plc
Mark Dowding, Group Finance Director and Company Secretary
Office: +44 (0) 20 8329 3377
Email: info@charactergroup.plc.uk
www.thecharacter.com
Panmure Gordon (Nominated Adviser and Joint Broker)
Andrew Godber, Investment Banking
Tom Salvesen, Corporate Broking
Tel: +44 (0) 20 7886 2500
Allenby Capital Limited (Joint Broker)
Nick Athanas
Katrina Perez
Tel: +44 (0) 20 3328 5656
TooleyStreet Communications Limited(investor and media relations)
Fiona Tooley
Tel: +44 (0) 7785 703523
Email: fiona@tooleystreet.com

This information is provided by RNS
The company news service from the London Stock Exchange
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