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Transaction in Own Shares

2nd May 2007 17:33

Character Group PLC02 May 2007 The Character Group plc 2 May 2007 The Character Group plc (the 'Group' or 'Company') Transaction in Own Shares As part of the Group's stated objective to enhance shareholder value, theCompany advises that it has today purchased in the market for cancellationthrough Charles Stanley Securities 250,000 ordinary shares in the Company at aprice of 198.0 pence per share. This represents approximately 0.56% of theissued share capital of the Company (excluding shares held in treasury). Following the cancellation of these shares, the Company has 44,607,513 ordinaryshares in issue (excluding 1,000,000 ordinary shares in the Company held inTreasury). Since the announcement of the Group's interim results on 24 April 2007, theCompany has bought back, either for cancellation or into treasury, a total of1,040,000 ordinary shares, representing approximately 2.33% of the currentissued share capital of the Company (excluding shares held in treasury) at anaverage price of approximately 199.2 pence per share. The Directors will continue to monitor the position and will, if appropriate,make further purchases of the Company's own shares. Enquiries: The Character Group Plc Charles Stanley Securities Citigate Dewe Rogerson LtdRichard King / Kiran Shah Philip Davies Fiona TooleyTel: 020 8949 5898 Tel: 020 7149 6000 Tel: 0121 455 8370 This information is provided by RNS The company news service from the London Stock Exchange

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Character
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Change26.18