LONDON (Alliance News) - The Character Group PLC Thursday said that Chairman Richard King has placed for sale 1.5 million of his shares in the company.
1 million shares were placed at 414.75 pence and 522,616 shares were placed at 415p each. The shares represent approximately 7.4% of the company's issued share capital.
Following completion of this transaction, King retains an interest in 536,286 ordinary shares in the company, representing approximately 2.6% of its issued share capital.
Shares in Character Group closed down 5.4% at 428.00 pence on Thursday.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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Character (CCT)