Transaction in own shares and TVR

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: [phone]

Panmure Gordon, Nominated Adviser and Joint Broker

Atholl Tweedie, Investment Banking

Charles Leigh-Pemberton, Corporate Broking

Tel: [phone]

Allenby Capital Limited, Joint Broker

Nick Athanas

Tel: [phone]

Tooley Street Communications, IR & Media Relations

Fiona Tooley

Tel: [phone]

 

END

 

 

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