Last checked at 8 Sep 2015 11:49
Tuesday, 8 September 2015
The Character Group plc
Designers, developers and international distributor of toys, games and giftware
(Character or Company)
Trading update
Notice of Results
Change of adviser and appointment of joint broker
Trading Update and Notice of Preliminary Results
The Directors are pleased to report that trading for the financial year to 31 August 2015 has been satisfactory and that the Board fully expects to deliver a year end result in line with market expectations.
The Board will provide the market with a further update on developments and trading when preliminary results are announced; this is scheduled to take place in the first week of December 2015.
Change of Adviser and appointment of Joint Broker
The Board announces that Panmure Gordon (UK) Limited has been appointed as the Company's Nominated Adviser and Joint Broker with immediate effect. This follows the completion of the acquisition of Charles Stanley Securities by Panmure Gordon & Co. plc.
The Company has also appointed Allenby Capital Limited as Joint Broker with immediate effect.
Share buybacks
The Company confirms that it proposes to continue its policy of buying back its own shares in the market as and when considered appropriate for the Company and its shareholders. Details of any buy-back programme will be made at the time.
Enquiries: | ||
The Character Group plc | ||
Richard King, Executive Chairman | ||
Kiran Shah, Group Finance Director & Joint MD | ||
Jon Diver, Group Marketing Director & Joint MD | ||
Office: +44 (0)208 329 3377 Email: info@charactergroup.plc.uk | ||
Panmure Gordon (Nominated Adviser and Joint Broker) Russell Cook Tel: +44 (0)20 7886 2500 | ||
Allenby Capital Limited (Joint Broker] | ||
Nick Athanas / Katrina Perez Tel: +44 (0) 203 328 5656 | ||
TooleyStreet Communications (investor and media relations) Fiona Tooley Mobile: +44 (0)7785 703523 Email: fiona@tooleystreet.com | ||
FTSE sector: leisure: FTSE AIM All-share: symbol: CCT.L: Market cap: £107m Product ranges can be viewed at www.character-online.co.uk Note: Product names shown in italics represent copyright or registered trademarks. | ||