TIDMCCT

RNS Number : 8694E

Character Group PLC

08 July 2019

Tuesday, 9 July 2019

The Character Group plc

("Character Group" or the "Company")

Transaction in Own Shares

Character Group (AIM: CCT) announces that, yesterday, it bought back for cancellation 4,250 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") pursuant to the share buyback programme announced on 12 December 2018 (the "Programme") and the Company's stated objective to enhance shareholder value.

As a result of the above, the Company's issued share capital consists of 23,655,001 Ordinary Shares. The Company holds 2,278,756 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in Character Group is 21,376,245. The figure of 21,376,245 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 FCA's Disclosure Guidance and Transparency Rules.

The Company has an unutilised capacity to buy back up to a further 3,102,186 Ordinary Shares under the authority granted at the Annual General Meeting on 18 January 2019.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedules below contain a summary of and detailed information about the purchases made by Panmure Gordon (UK) Limited on behalf of the Company as part of the Programme.

Schedule 1: Summary of buy-back transactions

 
 Date of purchase:                        8 July 2019 
 Number of Ordinary Shares purchased:           4,250 
                                         ------------ 
 Highest price paid per Ordinary Share 
  (pence)                                         580 
                                         ------------ 
 Lowest price paid per Ordinary Share 
  (pence)                                         580 
                                         ------------ 
 Volume weighted average price paid 
  per Ordinary Share (pence)                      580 
                                         ------------

Schedule 2: Details of buy-back transactions

 
                                                               Transaction 
                                                              price (pence 
                    Time of purchase    Number of Ordinary    per Ordinary 
Date of purchase     (hh:mm - GMT)        Shares purchased          Share) 
17/06/19            11.29 hrs                        4,250             580 
                   ------------------  -------------------  --------------

Enquiries:

The Character Group plc

Kiran Shah, Joint MD

Tel: +44 (0)208 329 3377

Panmure Gordon, Nominated Adviser and Joint Broker

Atholl Tweedie, Investment Banking

James Stearns, Corporate Broking

Tel: +44 (0)20 7886 2500

Allenby Capital Limited, Joint Broker

Nick Athanas

Tel: +44 (0)20 3328 5656

Tooley Street Communications, IR & Media Relations

Fiona Tooley

Tel: +44 (0)7785 703 523

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END

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July 09, 2019 04:28 ET (08:28 GMT)

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