Character Group PLC Director's share dealings, Treasury shares and TVR (0485L)
December 28 2022 - 2:34AM
UK Regulatory
TIDMCCT
RNS Number : 0485L
Character Group PLC
28 December 2022
Wednesday, 28 December 2022
The Character Group plc
Designers, developers and international distributor of branded
toys, games and giftware
(the "Company")
Directors' share dealings
Transfer of treasury shares
and Total Voting Rights
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
The Character Group plc (AIM: CCT) announces that, as part of
the arrangements with certain of the executive Directors of the
Company which obliges those Directors to apply a proportion of
their net cash annual bonus entitlements in the purchase of shares
in the Company, 49,318 ordinary shares of 5p each in the capital of
the Company held as treasury shares ("the Sale Shares") were today
transferred out of treasury and sold by the Company at a price of
430p per share, being the mid-market closing price of an issued
ordinary share in the capital of the Company on 23 December 2022.
The Sale Shares were purchased by Mr Jon Diver, Mr Kiran Shah and
Mr Joe Kissane, being Directors of the Company and Persons
Discharging Managerial Responsibilities (PDMRs), from their net
cash annual bonus entitlements for the financial year ended 31
August 2022. The said Directors have, accordingly, notified the
Company of share transactions effected today by them respectively
as follows:
-- Mr Jon Diver, Joint Managing Director, purchased 27,733 Sale
Shares at a price of 430p per share. Following this purchase, Mr
Diver's interest in shares in the Company has increased to
1,284,089 Ordinary Shares, which represents approximately 6.63% of
the Company's issued voting share capital.
-- Mr Kiran Shah, Joint Managing Director and Group Finance
Director, purchased 14,390 Sale Shares at a price of 430p per
share. Following this purchase, Mr Shah's interest in shares in the
Company has increased to 1,928,766 Ordinary Shares, which
represents approximately 9.96% of the Company's issued voting share
capital.
-- Mr Joe Kissane, Managing Director of UK operations, purchased
7,195 Sale Shares at a price of 430p per share. Following this
purchase, Mr Kissane's interest in shares in the Company has
increased to 463,519 Ordinary Shares, which represents
approximately 2.39% of the Company's issued voting share
capital.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the Market Abuse Regulation (EU)
No 596/2014 which is part of UK domestic law pursuant to the Market
Abuse (Amendment) (EU Exit) regulations (SI 2019/310) .
1. Details of the persons discharging managerial responsibilities
/ person closely associated
a. Name Jon Diver, Kiran Shah and Joe Kissane
------------------------------- -------------------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------------
a. Position/status Joint Managing Director/Joint Managing
Director and Group Finance Director/Managing
Director, UK Operations
------------------------------- -------------------------------------------------
b. Initial notification/Amendment Initial notification
------------------------------- -------------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a. Name The Character Group plc
------------------------------- -------------------------------------------------
b. LEI 213800HY6EB8T8VWWE73
------------------------------- -------------------------------------------------
4. Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted
----------------------------------------------------------------------------------
a. Description of the Ordinary shares of 5 pence
Financial instrument, type
of instrument GB0008976119
Identification code
------------------------------- -------------------------------------------------
b. Nature of the transaction Purchase of shares, pursuant to The
Character Group plc's annual bonus arrangements
for the 2022 financial year
------------------------------- -------------------------------------------------
c. Price(s) and volume(s) Name Price(s) Volume
Jon Diver 430p 27,733
--------- -------
Kiran Shah 430p 14,390
--------- -------
Joe Kissane 430p 7,195
--------- -------
------------------------------- -------------------------------------------------
d. Aggregated information Not applicable.
* Aggregated volume
* Price
------------------------------- -------------------------------------------------
e. Date of the transaction 28 December 2022
------------------------------- -------------------------------------------------
f. Place of the transaction London Stock Exchange, AIM
------------------------------- -------------------------------------------------
Total voting rights (TVR)
Following the above transactions, the Company's issued share
capital consists of 21,465,929 Ordinary Shares of which 2,100,159
are held in treasury. Therefore, the total number of Ordinary
Shares carrying voting rights in Character Group is 19,365,770 .
This figure of 19,365,770 may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest, or a change to their
interest, in the Company under the Disclosure Guidance and
Transparency Rules.
ENQUIRIES:
The Character Group plc
Ray Smyth, Company Secretary
Office: +44 (0) 208 329 3377
Email: info@charactergroup.plc.uk
Panmure Gordon
(Nominated Adviser and Joint Broker)
Atholl Tweedie, Investment Banking
Rupert Dearden/Charles Leigh-Pemberton, Corporate Broking
Tel: +44 (0) 20 7886 2500
Allenby Capital Limited
(Joint Broker)
Nick Athanas, Corporate Finance
Amrit Nahal, Sales & Corporate Broking
Tel: +44 (0) 20 3328 5656
TooleyStreet Communications Limited
(Investor and media relations)
Fiona Tooley
Tel: +44 (0) 7785 703523
Email: fiona@tooleystreet.com
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END
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