REG - Character Group PLC - Transaction in Own Shares

CharacterAnnouncement

09/07/2019 07:00

RNS Number : 8694E
Character Group PLC
08 July 2019
 


 
Tuesday, 9 July 2019
 
 
The Character Group plc
("Character Group" or the "Company")
 
Transaction in Own Shares
 
Character Group (AIM: CCT) announces that, yesterday, it bought back for cancellation 4,250 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 23,655,001 Ordinary Shares. The Company holds 2,278,756 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in Character Group is 21,376,245. The figure of 21,376,245 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 3,102,186 Ordinary Shares under the authority granted at the Annual General Meeting on 18 January 2019.
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:


8 July 2019




Number of Ordinary Shares purchased:


4,250




Highest price paid per Ordinary Share (pence)


580




Lowest price paid per Ordinary Share (pence)


580




Volume weighted average price paid per Ordinary Share (pence)


580



 
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)




17/06/19


11.29 hrs


4,250


580



 
 
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
James Stearns, 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




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