26th Jun 2006 16:37
Character Group PLC26 June 2006 The Character Group plc 26 June 2006 The Character Group plc (the 'Company') Share Buyback and Holding in Company The Company advises that is has today purchased through Charles StanleySecurities 5,015,000 ordinary shares in the Company at a price of 58 pence pershare. Of the total shares repurchased, 4,015,000 ordinary shares are forcancellation and 1,000,000 ordinary shares are to be held as treasury shares. Following the cancellation of these shares, the Company has 47,839,909 ordinaryshares in issue (excluding shares held as treasury shares). The Company has received notification from Valtidone S.p.A. that following adisposal of shares in the Company, it no longer has a notifiable interest in theCompany's issued share capital. Richard King, Chairman, stated that the Board was very happy to have been ableto take the opportunity to buy back just under 10% of the Group's outstandingshares. The Directors believe that this is in the interests of all theshareholders. It was achieved out of the Group's resources and, furthermore,demonstrates the Directors confidence in the trading position of the Group. Enquiries: The Character Group Plc Charles Stanley Securities Citigate Dewe Rogerson LtdRichard King / Kiran Shah Rick Thompson / Philip Davies Fiona Tooley / Katie Dale Tel: 020 8949 5898 Tel: 020 7739 8200 Tel: 0121 455 8370Mob: 07836250150/ 07956278522 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Character