Character Regulatory News (CCT)

11 May 2005 16:04

Character Group PLC11 May 2005 The Character Group plc11 May 2005 IMMEDIATE RELEASE The Character Group plc ('Character Group' or 'the Company') Dealings by Directors The Company was informed today that, on 10 May 2005, the TOPS Pension Scheme purchased 25,000 ordinary shares of 5p eachin the capital of the Company ("Ordinary Shares") at a price of 33.5 pence per share. Since 4 May 2005, the TOPS PensionScheme has acquired a total of 100,000 Ordinary Shares. Richard King, Kiran Shah and Jon Diver, executive directors ofthe Company (the "Directors"), are trustees of and beneficially interested in the TOPS Pension Scheme. Following this purchase, the interests of the Directors are as follows: Name of Director Number of Ordinary Shares Percentage of issued share capital Richard King 1 5,345,428 10.12 Kirankumar Premchand Shah 2 5,645,000 10.69 Jonathan James Diver 1,690,640 3.20 The Trustees of the TOPS Pension 1,700,000 3.22Scheme 3 Orbis Pension Trustees Limited 4 285,000 0.54 Notes: 1. Included in the interests of R. King are his interests in 1,885,428 Ordinary Shares held by Cedarberg Investments Limited and 320,000 Ordinary Shares held by Mrs M.H. King (the spouse of Mr. King). 2. Included in the interests of K.P. Shah are the interests of Sarissa Holdings Limited in 5,620,000 Ordinary Shares. 3. Each of R. King, K.P. Shah and J.J. Diver are beneficiaries under these pension scheme arrangements and are each, accordingly, also interested in the pension scheme's holding of Ordinary Shares. 4. Orbis Pension Trustees Limited is the Trustee of the Company's Employee Share Ownership Trust. Each of the Directors is deemed to be interested in such holding of Ordinary Shares by virtue of being within the class of beneficiaries defined by such Trust. This information is provided by RNS The company news service from the London Stock Exchange