TIDMCCT
RNS Number : 6064D
Character Group PLC
27 April 2017
27 April 2017
The Character Group plc
("Character Group" or the "Company")
Directors' share dealings and Transaction in Own Shares
Notification and public disclosure of transactions by persons
discharging
managerial responsibilities and persons closely associated with
them and transaction in own shares
Directors' share dealings
Character Group (AIM: CCT) the designer, developer and
international distributor of branded toys, games and giftware,
announces that Mr. Mark Dowding and Mr. Jeremiah Healy, being
Directors of the Company and Persons Discharging Managerial
Responsibilities (PDMRs), have notified the Company of share
purchase transactions effected in the market by them respectively
as follows:
-- Mr. Mark Dowding, Group Finance Director and Company
Secretary, purchased 8,000 Character Group ordinary shares at a
price of 470 pence per share. Following this purchase, Mr.
Dowding's shareholding in the Company has increased to 108,000
ordinary shares, which represents approximately 0.51% of the
Company's issued voting share capital.
-- Mr. Jeremiah Healy, Group Marking Director, purchased 5,000
Character Group ordinary shares at a price of 470 pence per share.
Following this purchase, Mr. Healy's shareholding in the Company
has increased to 41,000 ordinary shares, which represents
approximately 0.19% of the Company's issued voting share
capital.
1. Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------
a. Name Mr. Mark Dowding and Mr. Jeremiah
Healy
--- ------------------------------- ------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------------
a. Position/status Group Finance Director and Company
Secretary/Group Marketing Director
--- ------------------------------- ------------------------------------
b. Initial notification/Amendment Initial notification
--- ------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ---------------------------------------------------------------------
a. Name The Character Group plc
--- ------------------------------- ------------------------------------
b. LEI
--- ------------------------------- ------------------------------------
4. Details of the transaction(s): section to be
repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
--- ---------------------------------------------------------------------
a. Description of Ordinary shares of 5 pence
the
Financial instrument,
type of instrument GB0008976119
Identification
code
--- ------------------------------- ------------------------------------
b. Nature of the transaction Purchase of shares
--- ------------------------------- ------------------------------------
c. Price(s) and volume(s) Name Price(s) Volume
-------------- --------- -------
Mr. Mark
Dowding 470 8,000
-------------- --------- -------
Mr. Jeremiah
Healy 470 5,000
-------------- --------- -------
--- ------------------------------- ------------------------------------
d. Aggregated information N/A
* Aggregated volume
* Price
--- ------------------------------- ------------------------------------
e. Date of the transaction 27 April 2017
--- ------------------------------- ------------------------------------
f. Place of the transaction London Stock Exchange, AIM
--- ------------------------------- ------------------------------------
Transaction in Own Shares
In continuing its stated objective to enhance shareholder value,
Character Group (AIM:CCT.L) announces that, on 27 April 2017, it
bought-back for cancellation 75,000 ordinary shares of 5p each in
the capital of the Company ("Ordinary Shares") in the market at a
price of 470 pence per Ordinary Share. The Ordinary Shares acquired
for cancellation represent approximately 0.35 per cent. of the
current issued share capital of the Company (excluding shares held
in treasury).
For the purposes of the Financial Conduct 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 21,143,352
("Revised Issued Voting Share Capital").
The Company has an unutilised capacity to buy back up to a
further 3,139,700 Ordinary Shares under the authority granted at
the Annual General Meeting on 22 January 2016.
Character Group holds 3,269,456 Ordinary Shares in treasury
which do not carry voting rights and these represent approximately
15.46 per cent. of the Revised Issued Voting Share Capital.
The figure of 21,143,352 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.
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation), the schedule below contains
a summary of and detailed information about the purchases made by
Panmure Gordon (UK) Limited on behalf of the Group as part of the
buy-back programme.
Schedule 1: Summary of buy-back transactions
Date of purchase : 27 April 2017
--------------------------- --------------
Number of Ordinary Shares
purchased: 75,000
--------------------------- --------------
Highest price paid per
share (pence) 470
--------------------------- --------------
Lowest price paid per
share (pence) 470
--------------------------- --------------
Average price paid per
share (pence) 470
--------------------------- --------------
Schedule 2: Details of buy-back transactions
Time (hh:mm Number of Transaction
- GMT) Ordinary price (pence
Shares purchased per share)
------------ ------------------ --------------
09:11 75,000 470
------------ ------------------ --------------
Enquiries:
The Character Group plc
Jon Diver, Joint Managing Director
Kiran Shah, Joint Managing Director
Mark Dowding, Group Finance Director & Company Secretary
Tel: +44 (0)208 329 3377
Panmure Gordon, Nominated Adviser and Joint Broker
Andrew Godber
Tom Salvesen
Tel: +44 (0)20 7886 2500
Allenby Capital Limited, Joint Broker
Nick Athanas
Katrina Perez
Tel: +44 (0)20 3328 5656
Tooley Street Communications, IR & Media Relations
Fiona Tooley
Tel: +44 (0)7785 703 523
This information is provided by RNS
The company news service from the London Stock Exchange
END
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