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Transaction in Own Shares

29th Nov 2006 10:47

Character Group PLC29 November 2006 The Character Group plc 29 November 2006 The Character Group plc (the 'Group' or 'Company') Transaction in Own Shares The Company advises that it has purchased in the market for cancellation throughCharles Stanley Securities 1,696,000 ordinary shares in the Company,representing approximately 3.58% of the issued share capital of the Company(excluding shares held in treasury), at an average price of 102.02 pence pershare. 1,658,000 ordinary shares were repurchased at 102 pence per share and38,000 ordinary shares were repurchased at 103 pence per share. Following these transactions the Company has 45,720,837 ordinary shares in issue(excluding 1,754,322 ordinary shares in the Company held in treasury). As part of the Group's stated objective to enhance shareholder value through therepurchase of its own shares, the Directors will continue to monitor theposition and will, if appropriate, make further purchases of the Company's ownshares. Enquiries: The Character Group Plc Charles Stanley Securities Citigate Dewe Rogerson Ltd Richard 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

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