7 July 2009
The Character Group plc
(the 'Company')
Possible dealings by a Major Shareholder, the Company and certain Directors
The Board announces that the Company and certain of the directors are in discussion with 3i Group plc ('3i') about the possible acquisition of the entire 3i shareholding, amounting to 11,525,898 ordinary shares of 5p each in the capital of the Company ('Ordinary Shares'), representing approximately 27.8 per cent. of the current issued share capital of the Company carrying voting rights (as at the date of this announcement).
Any Ordinary Shares acquired by the Company would be purchased for cancellation.
A further announcement will be made in due course.
Enquiries:
The Character Group Plc |
Charles Stanley Securities (Nominated Adviser) |
Citigate Dewe Rogerson Ltd |
Richard King / Kiran Shah |
Richard Thompson / Philip Davies |
Fiona Tooley |
Tel: 020 8949 5898 |
Tel: 020 7149 6000 |
Tel: 0121 455 8370 |