Transaction in Own Shares & Buyback Completion-TVR

Character Group PLC (The)
18 June 2024
 

Text Description automatically generated

Tuesday, 18 June 2024

 

 

Transaction in Own Shares

and

Completion of the Share Buyback programme

 

Character announces that, in accordance with the terms of its share buyback programme announced on 6 February 2024 as extended and increased as announced on 3 April 2024 (the "Programme"), the Company purchased the following number of its issued ordinary shares of £0.05 each ("Ordinary Shares") from Panmure Gordon (UK) Limited ("Panmure Gordon").

Date of purchase:

18 June 2024

Aggregate number of Ordinary Shares purchased:

1,725

Lowest price paid per share (GB pence):

298

Highest price paid per share (GB pence):

298

Volume weighted average price paid per share (GB pence):

298

 

The repurchased shares have been cancelled. Following the purchase of these shares, the Company holds 2,100,159 shares in treasury and has 18,657,298 shares in issue (excluding treasury shares). Therefore, the total voting rights in the Company will be 18,657,298. The figure of 18,657,298 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 Gordon as part of the Programme.

Aggregate information: 

Venue

Volume-weighted average price (pence per share)

Aggregate volume

AIMX

298

1,725

 

Individual transactions:

Number of shares purchased

Transaction price
(pence per share)

Time of transaction

Venue

1,725

298

08:21:30

AIMX

 

 

Completion of the Share Buyback programme

Following the above transaction the Company has completed the Programme.  This brings the total expended by the Company to date in purchasing its issued Ordinary Shares since the launch of the Programme on 6 February 2024 (including the associated dealing costs) to £1,999,997.90.  The limit for purchasing Ordinary Shares under the Programme was £2.0 million and Panmure Gordon has, accordingly, reported to the Company that it has purchased a total of 708,472 Ordinary Shares on behalf of the Company since 6 February 2024 and, thereby, successfully concluded its engagement in relation to the Programme.    

 

 

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 Gordon (Nominated Adviser and Joint Broker)

Atholl Tweedie /Dougie McLeod, Investment Banking

Rupert Dearden / Rauf Munir, 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

 

 

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