REG - Character Group PLC - Transaction in Own Shares & Buyback Completion-TVR

CharacterAnnouncement

18/06/2024 18:15

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RNS Number : 9517S  Character Group PLC (The)  18 June 2024

Tuesday, 18 June 2024

 

The Character Group plc

("Character", the "Company" or the "Group")

 

Transaction in Own Shares

and

Completion of the Share Buyback programme

 

Character announces that, in accordance with the terms of its share buyback
programme announced on 6 February 2024 as extended and increased as announced
on 3 April 2024 (the "Programme"), the Company purchased the following number
of its issued ordinary shares of £0.05 each ("Ordinary Shares") from Panmure
Gordon (UK) Limited ("Panmure Gordon").

 Date of purchase:                                         18 June 2024
 Aggregate number of Ordinary Shares purchased:            1,725
 Lowest price paid per share (GB pence):                   298
 Highest price paid per share (GB pence):                  298
 Volume weighted average price paid per share (GB pence):  298

 

The repurchased shares have been cancelled. Following the purchase of these
shares, the Company holds 2,100,159 shares in treasury and has 18,657,298
shares in issue (excluding treasury shares). Therefore, the total voting
rights in the Company will be 18,657,298. The figure of 18,657,298 may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No.
596/2014, which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018, the table below contains detailed information of the individual
trades made by Panmure Gordon as part of the Programme.

Aggregate information:

 Venue  Volume-weighted average price (pence per share)  Aggregate volume
 AIMX   298                                              1,725

 

Individual transactions:

 Number of shares purchased  Transaction price   Time of transaction  Venue

(pence per share)
 1,725                       298                 08:21:30             AIMX

 

 

Completion of the Share Buyback programme

Following the above transaction the Company has completed the Programme.
This brings the total expended by the Company to date in purchasing its issued
Ordinary Shares since the launch of the Programme on 6 February 2024
(including the associated dealing costs) to £1,999,997.90.  The limit for
purchasing Ordinary Shares under the Programme was £2.0 million and Panmure
Gordon has, accordingly, reported to the Company that it has purchased a total
of 708,472 Ordinary Shares on behalf of the Company since 6 February 2024 and,
thereby, successfully concluded its engagement in relation to the
Programme.

 

 

 Enquiries to:

 The Character Group plc

 Jon Diver, Joint Managing Director

 Kiran Shah, Joint Managing Director & Group Finance Director

 Office:  +44 (0) 208 329 3377

 Mobile: +44 (0) 7831 802219 (JD)

 Mobile: +44 (0) 7956 278522 (KS)

 Panmure Gordon (Nominated Adviser and Joint Broker)

 Atholl Tweedie /Dougie McLeod, Investment Banking

 Rupert Dearden / Rauf Munir, Corporate Broking

 Tel:  +44 (0) 20 7886 2500

 Allenby Capital Limited (Joint Broker)

 Nick Athanas, Corporate Finance

 Amrit Nahal / Tony Quirke, Sales & Corporate Broking

 Tel:  +44 (0) 20 3328 5656

 TooleyStreet Communications Limited (Investor and media relations)

 Fiona Tooley

 Tel:  +44 (0) 7785 703523

 Email: fiona@tooleystreet.com (mailto:fiona@tooleystreet.com)

 

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