6th Jul 2005 16:20
Character Group PLC06 July 2005 Issued on behalf of The Character Group plcDate: Wednesday, 6 July 2005 IMMEDIATE RELEASE The Character Group plc (the "Group" or "Character" or the "Company") The Board has noted recent press comments regarding one of the Group'sdirectors. Enrico Preziosi, the Chief Executive Officer and Managing Director of the Group,is the President of and a major shareholder in Genoa Football and Cricket Club.He also has other substantial business interests, which include the 22.5%shareholding in the Company held by Giochi Preziosi S.p.A. The Board of Character Group is aware that an investigation is being carried outby the Italian football governing body, FIGC, into certain allegations that havebeen made involving the Genoa Club. Mr Preziosi has stated repeatedly that theallegations are without merit and that both he and the Genoa Club areco-operating fully with the investigation. Mr Preziosi, is also the President and major shareholder of Giochi PreziosiS.p.A., a company with which the Group has a substantial trading relationship,both as a customer and supplier. The Board believe that this matter will have no direct or indirect effect on theGroup or its trading relationship with Giochi Preziosi S.p.A The Company will keep the market and shareholders informed as appropriate. Enquiries:Richard King, ChairmanKiran Shah, Group Finance Director Fiona Tooley, DirectorThe Character Group plc Citigate Dewe RogersonTel: +44 (0) 20 8949 5898 Tel: +44 (0) 121 455 8370Mobile: +44 (0) 7836 250150 (RK) Mobile: +44 (0) 7785 703523 (FMT)Mobile: +44 (0) 7956 278522 (KS)www.charactergroup.plc.uk--------------------------- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Character