Business
Transaction in Own Shares & Revised TVR
Transaction in Own Shares & Revised TVR.
About this update from Character Group Plc
[{"type":"text","content":"\n \nRNS Number : 1582B Character Group PLC 05 January 2018 \n\n5 January 2018\n \nThe Character Group plc\n(\"Character Group\" or the \"Company\")\n \nTransaction in Own Shares\n \nIn continuing its stated objective to enhance shareholder value, the Company announces that it has today bought-back for cancellation 10,000 ordinary shares of 5p each in the capital of the Company (\"Ordinary Shares\") in the market at a price of 455 pence per Ordinary Share. The Ordinary Shares acquired for cancellation represent approximately 0.05 per cent. of the current issued share capital of the Company (excluding shares held in treasury).\nFor the purposes of the Financial Conduct Authority's Disclosure Guidance 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 21,001,602 (\"Revised Issued Voting Share Capital\").\nThe Company has an unutilised capacity to buy back up to a further 2,625,200 Ordinary Shares under the authority granted at the Annual General Meeting on 20 January 2017.\nCharacter Group holds 2,898,506 Ordinary Shares in treasury which do not carry voting rights, and these represent approximately 13.8 per cent. of the Revised Issued Voting Share Capital.\nThe figure of 21,001,602 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 Guidance and Transparency Rules.\nIn 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 Company as part of the buy-back programme.\nSchedule 1: Summary of buy-back transactions\n \n\n\n\n\nDate of purchase:\n\n\n5 January 2018\n\n\n\n\nNumber of Ordinary Shares purchased:\n\n\n10,000\n\n\n\n\nHighest price paid per share (pence)\n\n\n455\n\n\n\n\nLowest price paid per share (pence)\n\n\n455\n\n\n\n\nAverage price paid per share (pence)\n\n\n455\n\n\n\n\n \nSchedule 2: Details of buy-back transactions\n \n\n\n\n\nTime \n(hh:mm -...