Transaction in Own Shares

RNS Number : 6426U

Character Group PLC

02 January 2013

 

02 January 2013

The Character Group plc

("the Company")

Transaction in Own Shares

As part of the Company's stated objective to enhance shareholder value, the Company advises that it has on 31 December 2012 bought back for cancellation 35,000 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") in the market, at a price of 124.4286 pence per ordinary share, the Ordinary Shares represent approximately 0.15 per cent. of the current issued share capital of the Company (excluding shares held in treasury).

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 Ordinary Shares held in treasury) is  22,608,578 ("Revised Issued Voting Share Capital").

The Company has a total unutilised capacity to buy back up to a further 4,928,200 Ordinary Shares under the authority granted at the Annual General Meeting in January 2012.

The Company holds 4,019,456 Ordinary Shares in treasury, representing approximately 17.78 per cent. of the Revised Issued Voting Share Capital, which do not carry voting rights.

The figure of 22,608,578 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 Disclosure and Transparency Rules.

Enquiries:
Richard King, Chairman	Fiona Tooley	Russell Cook
Kiran Shah, Group Finance Director & Joint MD	IR & Media Relations	Carl Holmes
The Character Group plc	Tooley Street Communications	Charles Stanley Securities
Tel: [phone]	Tel: [phone]	(Nominated Adviser)
		Tel: [phone]
Ticker: AIM: CCT

 

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