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 |