Transaction in Own Shares

RNS Number : 5124N

Character Group PLC

14 June 2010

 

Date: Monday, 14 June 2010

The Character Group plc

(the 'Company')

designers, developers and international distributors of toys, games and gifts

Transaction in Own Shares

Completion of share buy back programme

The Company advises that on Friday, 11 June it has bought back for cancellation 393,683 ordinary shares of the Company in the market, through Charles Stanley Securities at a price of 145.2 pence per share.  This represents approximately 1.48 per cent. of the current issued share capital of the Company (excluding shares held in treasury).

Following this buy back of shares, the Company announces that it has now utilised the full amount of the authority to buy back shares in the Company which was granted by shareholders at the AGM on 20 January 2010.  

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of ordinary shares in issue as at the date of this notice (taking into account the ordinary shares purchased for cancellation by the Company announced above and excluding shares held in treasury) is 26,374,731 ("Revised Issued Voting Share Capital").

The Company holds 4,019,456 ordinary shares in treasury, representing approximately 15.24 per cent. of the Revised Issued Voting Share Capital, which do not carry voting rights.

The figure of 26,374,731 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 any change to their interest, in the Company under the Disclosure and Transparency Rules.

Enquiries:
	Richard King, Chairman	Fiona Tooley	Russell Cook
	Kiran Shah, Group Finance Director & Joint MD		Carl Holmes
	The Character Group plc	Citigate Dewe Rogerson	Charles Stanley Securities
	Mobile: [phone] (RK)	Mobile: [phone]	(Nominated Adviser)
	Mobile: [phone] (KS)	Tel: [phone]	Tel: [phone]
	Tel: [phone]
	www.thecharacter.com
	Ticker: AIM: CCT

 

END

 

 

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