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: +44 (0)208 329 3377

 

Panmure Gordon, Nominated Adviser and Joint Broker

Atholl Tweedie, Investment Banking

Charles Leigh-Pemberton, 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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