Character Regulatory News (CCT)

27 Sep 2006 09:55

Character Group PLC27 September 2006 The Character Group plc 27 September 2006 The Character Group plc (the 'Group' or 'Company') Transaction in Own Shares The Company advises that it has purchased in the market through Charles StanleySecurities 404,322 ordinary shares in the Company, representing approximately0.84% of the issued share capital of the Company (excluding shares held intreasury), at a price of 75 pence per share. The shares repurchased will be heldin treasury. Following these transactions the Company has 47,641,837 ordinary shares in issue(excluding 1,529,322 ordinary shares in the Company held in treasury). The Company enters a close period tomorrow, pending the announcement of itsresults for the year ended 31 August 2006 (which it is anticipated will be madeon 28 November 2006), and is not permitted to make further purchases of itsshares during this time. However, as part of the Group's stated objective toenhance shareholder value through the repurchase of its own shares, theDirectors will continue to monitor the position and will, if appropriatefollowing the preliminary announcement of its results, make further purchases ofthe Company's own shares. Enquiries: The Character Group Plc Charles Stanley Securities Citigate Dewe Rogerson LtdRichard King / Kiran Shah Rick Thompson / Philip Davies Fiona Tooley Tel: 020 8949 5898 Tel: 020 7149 6457 Tel: 0121 455 8370 This information is provided by RNS The company news service from the London Stock Exchange