Character Group PLC Director/PDMR Shareholding (6894T)
October 16 2017 - 5:34AM
UK Regulatory
TIDMCCT
RNS Number : 6894T
Character Group PLC
16 October 2017
16 October 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. David Harris, being Director of the Company and
Person Discharging Managerial Responsibilities (PDMRs), has
notified the Company of share purchase transactions effected in the
market by him as follows:
-- Mr. David Harris, Non-executive director, purchased 4,181
ordinary shares of 5p each in the capital of the Company ("Ordinary
Shares") at a price of 406.4 pence per share on 13 October 2017.
Following this purchase, Mr. Harris's shareholding in the Company
has increased to 60,181 ordinary shares, which represents
approximately 0.29% of the Company's issued voting share
capital.
1. Details of the person discharging managerial responsibilities
/ person closely associated
--- --------------------------------------------------------------------
a. Name Mr David Harris
--- -------------------------------- ----------------------------------
2. Reason for the notification
--- --------------------------------------------------------------------
a. Position/status Non-executive 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 the Financial Ordinary shares of 5 pence
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. David 406.4
Harris pence 4,181
----------- ---------- -------
--- -------------------------------- ----------------------------------
d. Aggregated information N/A
* Aggregated volume
* Price
--- -------------------------------- ----------------------------------
e. Date of the transaction 13 October 2017
--- -------------------------------- ----------------------------------
f. Place of the transaction London Stock Exchange,
AIM
--- -------------------------------- ----------------------------------
Transaction in Own Shares
In continuing its stated objective to enhance shareholder value,
the Company announces that, on 13 October 2017, it bought-back for
cancellation 112,000 Ordinary Shares in the market at a price of
400 pence per Ordinary Share. The Ordinary Shares acquired for
cancellation represent approximately 0.53 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 20,889,102
("Revised Issued Voting Share Capital").
The Company has an unutilised capacity to buy back up to a
further 2,710,700 Ordinary Shares under the authority granted at
the Annual General Meeting on 20 January 2017.
Character Group holds 3,096,506 Ordinary Shares in treasury
which do not carry voting rights and these represent approximately
14.82 per cent. of the Revised Issued Voting Share Capital.
The figure of 20,889,102 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: 13 October 2017
-------------------- ----------------
Number of Ordinary
Shares purchased: 112,000
-------------------- ----------------
Highest price paid
per share (pence) 400
-------------------- ----------------
Lowest price paid
per share (pence) 400
-------------------- ----------------
Average price paid
per share (pence) 400
-------------------- ----------------
Schedule 2: Details of buy-back transactions
Time (hh:mm Number of Ordinary Transaction price
- GMT) Shares purchased (pence per share)
------------ ------------------- -------------------
09:55 100,000 400
------------ ------------------- -------------------
16:33 12,000 400
------------ ------------------- -------------------
Enquiries:
The Character Group plc
Kiran Shah, Joint MD
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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