27th Sep 2006 16:19
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 today purchased in the market through CharlesStanley Securities an additional 225,000 ordinary shares in the Company,representing approximately 0.47% of the issued share capital of the Company(excluding shares held in treasury), at a price of 75 pence per share. Theshares repurchased will be held in treasury. This follows on from the buy-back of 404,322 ordinary shares disclosed earliertoday and brings the total number of shares purchased by the Company in the last24 hours to 629,322, representing approximately 1.3% of the current issued sharecapital (excluding shares held in treasury). Since June 2006, the Company hasbought back in total 5,819,322 shares representing approximately 12.27% of thecurrent issued share capital (excluding shares held in treasury). Following these transactions the Company has 47,416,837 ordinary shares in issue(excluding 1,754,322 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 ExchangeRelated Shares:
Character