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Character Group Full Year Results "Satisfactory", Buybacks To Continue

Tue, 08th Sep 2015 10:57

LONDON (Alliance News) - Character Group PLC Tuesday said trading in the recently ended financial year was "satisfactory" and that its results will be in line with expectations.

The designer, developer and distributor of toys, games and giftware said it will release its results for the financial year ended August 31, in the first week of December.

Character Group also said it plans to continue its policy of buying back its own shares in the market as and when considered appropriate for the company and its shareholders, and said it will make an announcement when appropriate.

In addition, the company said it has appointed Panmure Gordon (UK) Ltd as its nominated adviser and joint broker and Allenby Capital Ltd as a joint broker, both with immediate effect.

Character shares were up 1.7% to 525.0 pence per share on Tuesday.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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