Friday, 14 December 2018

The Character Group plc ("Character Group" or the "Company")

Transaction in Own Shares

Character Group announces that, yesterday (13 December) it bought-back for cancellation 100,000 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 23,792,808 Ordinary Shares. The Company holds 2,662,106 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in Character Group is 21,130,702. The figure of 21,130,702 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 and Transparency Rules.

The Company has an unutilised capacity to buy back up to a further 3,020,700 Ordinary Shares under the authority granted at the Annual General Meeting on 19 January 2018.

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:

13 December 2018

Number of Ordinary Shares purchased:

100,000

Highest price paid per Ordinary Share (pence)

526

Lowest price paid per Ordinary Share (pence)

520

Volume weighted average price paid per Ordinary Share (pence)

521.5

Schedule 2: Details of buy-back transactions

Date of purchase

Time of purchase (hh:mm - GMT)

Number of Ordinary Shares purchased

Transaction price

(pence per Ordinary Share)

13/12/18

09.30

75,000

520

13/12/18

14.00

25,000

526

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

Charles Leigh-Pemberton, 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

Attachments

Disclaimer

The Character Group plc published this content on 14 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 December 2018 09:44:02 UTC