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Transaction in Own Shares

13 Aug 2008 18:15

RNS Number : 2946B
Character Group PLC
13 August 2008
 

13 August 2008

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

Transaction in Own Shares

As part of the Group's stated objective to enhance shareholder value, the Company advises that today it purchased in the market through Charles Stanley Securities 46,000 ordinary shares in the Company at a price of 60.5 pence per share. This represents approximately 0.11% of the issued share capital of the Company (excluding shares held in treasury). These shares will be held in treasury.

Following these transactions, the Company has 41,682,058 ordinary shares in issue (excluding 3,814,879 ordinary shares in the Company held in Treasury). 

The Directors will continue to monitor the position and will, if appropriate, make further purchases of the Company's own shares. 

Enquiries:

The Character Group Plc

Charles Stanley Securities (Nominated Adviser)

Citigate Dewe Rogerson Ltd

Richard King / Kiran Shah

Richard Thompson / Philip Davies

Fiona Tooley 

Tel: 020 8949 5898

Tel: 020 7149 6000

Tel: 0121 455 8370

This information is provided by RNS
The company news service from the London Stock Exchange
 
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