Transaction in Own Shares

RNS Number : 1879D
Character Group PLC
10 September 2008
 



10 September 2008


The Character Group plc (the 'Group' or 'Company')

Transaction in Own Shares



As part of the Group's stated objective to enhance shareholder value, the Company advises that, today, it purchased in the market through Charles Stanley Securities 10,000 ordinary shares in the Company at a price of 60 pence per share. This represents approximately 0.02% of the issued share capital of the Company (excluding shares held in treasury). These shares will be held in treasury.


The company further announces that, on 5 August 2008, it purchased in the market through Charles Stanley Securities 12,500 ordinary shares in the Company at a price of 70 pence per share, which purchase was, inadvertently, not previously disclosed. This represents approximately 0.03% of the issued share capital of the Company (excluding shares held in treasury). These shares will also be held in treasury.


Following these transactions, the Company has 41,617,953 ordinary shares in issue (excluding 3,878,984 ordinary shares in the Company held in Treasury). 


The Directors will continue to monitor the position and will, if appropriate, make further purchases of the Company's own shares. 



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







This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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