Transaction in Own Shares

RNS Number : 7907G

Character Group PLC

08 February 2010

 

Date: Monday, 8 February 2010

The Character Group plc

('Company' or 'Group')

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

Transaction in Own Shares

As part of the Group's buy back programme announced on Wednesday 27 January 2010, the Company advises that on Friday 05 February 2010 it bought back for cancellation 738,500 ordinary shares of the Company in the market, through Charles Stanley Securities at a price of 105 pence per share. This represents approximately 2.18 per cent. of the current issued share capital of the Company.

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) is 33,192,790 ("Revised Issued Voting Share Capital").

The Company holds 4,019,456 ordinary shares in treasury, representing approximately 12.11 per cent. of the Revised Issued Voting Share Capital, which do not carry voting rights.

The above figure of 33,192,790 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. 

Since 27 January 2010, the Company has bought 1,318,691 ordinary shares (approximately 3.97 per cent. of the Revised Issued Voting Share Capital) for cancellation pursuant to the buy back programme at a cost of approximately £1,323,300 (excluding dealing costs and stamp duty).

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

 

END

 

 

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