REG - Character Group PLC - Transaction in Own Shares - TVR - RNS Correction

CharacterAnnouncement

08/11/2024 13:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241108:nRSH5773La&default-theme=true

RNS Number : 5773L  Character Group PLC (The)  08 November 2024

 

Friday, 8 November 2024

 

 

The Character Group plc

("Character", the "Company" or the "Group")

Transaction in Own Shares

and

Correction to previous announcement

 

 

 

TRANSACTION IN OWN SHARES

Character announces that, in accordance with the terms of its share buyback
programme announced on 29 October 2024 (the "Programme"), the Company
yesterday purchased the following number of its issued ordinary shares of
£0.05 each ("Ordinary Shares") from Panmure Liberum Limited ("Panmure
Liberum").

 Date of purchase:                                         7 November 2024
 Aggregate number of Ordinary Shares purchased:            5,000
 Lowest price paid per share (GB pence):                   275
 Highest price paid per share (GB pence):                  275
 Volume weighted average price paid per share (GB pence):  275

 

The repurchased shares have been cancelled. Following the purchase of these
shares, the Company holds 1,983,059 shares in treasury and has 18,758,898
shares in issue (excluding treasury shares). Therefore, the total voting
rights in the Company will be 18,758,898. The figure of 18,758,898  may be
used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
to their interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No.
596/2014, which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018, the table below contains detailed information of the individual
trades made by Panmure Liberum as part of the Programme.

Aggregate information:

 Venue  Volume-weighted average price (pence per share)  Aggregate volume
 AIMX   275                                              5,000

 

Individual transactions:

 Number of shares purchased  Transaction price   Time of transaction  Venue

(pence per share)
 5,000                       275                 14:59:24             AIMX

 

 

CORRECTION

 

In an RNS announcement issued by the Company on 29 October entitled 'Launch of
buyback programme' (AVS number 9493J) there was a typographical error; the
figure in the penultimate line of the second para should have read "2,815,000
Ordinary Shares". For the avoidance of doubt, the full paragraph as amended
should read:

 

"The Programme will be carried out in accordance with the Company's general
authority to purchase a maximum of 2,890,000 Ordinary Shares, granted by its
shareholders at the Annual General Meeting of the Company held on 19 January
2024 (the "General Authority").  Since the General Authority was granted, the
Company has purchased 708,472 Ordinary Shares, leaving an unutilised capacity
to buyback under the General Authority of 2,181,528 Ordinary Shares. Subject
to the Company seeking and obtaining shareholders' approval at the Company's
next Annual General Meeting expected to be held in January 2025 authorising
(in substitution for the current authority granted at the 2024 AGM) another
such general authority (being, if approved, also a "General Authority") to
purchase a maximum of 2,815,000 Ordinary Shares, in accordance with that
renewed authority until no later than the close of business on 30 May 2025."

 

 

 

 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 Liberum (Nominated Adviser and Joint Broker)

 Atholl Tweedie, Investment Banking

 Rupert Dearden, Corporate Broking

 Tel:  +44 (0) 20 7886 2500

 Allenby Capital Limited (Joint Broker)

 Nick Athanas, Corporate Finance

 Amrit Nahal / Tony Quirke, 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)

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSZZMGMFRDGDZM