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THE CHARACTER GROUP PLC
Capital/Financing Update • Jan 7, 2021
7961_rns_2021-01-07_4e12df08-b5f6-4395-9c55-20a58463095d.html
Capital/Financing Update
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National Storage Mechanism | Additional information 
RNS Number : 8452K
Character Group PLC
07 January 2021
Thursday, 7 January 2021
The Character Group plc
Designers, developers, and international distributor of toys, games, and giftware
("Character" or the "Group")
Sale of freehold property
Character (AIM: symbol: CCT.L) is pleased to announce that contracts have been exchanged for the sale of the Group's UK overspill warehousing facility at Vernon Works, Oldham in Lancashire for £3.5 million in cash (excluding VAT). Completion is scheduled to take place on 29 January 2021.
The freehold to the facility was acquired by the Group in July 2011 for a total cost of £1.78 million and had a net book value at 31 August 2020 of c. £1.44 million.
ENQUIRIES:
The Character Group plc
Jon Diver, Joint Managing Director
Kiran Shah, Joint Managing Director
Tel: +44 (0) 208 329 3377
Mobile: +44 (0) 7831 802219 (JD)
Mobile: +44 (0) 7956 278522 (KS)
Email: [email protected]
Websites:
www.character-online.com
| FTSE sector: leisure: FTSE AIM All-share: symbol: CCT |
| Panmure Gordon (Nominated Adviser and Joint Broker) Atholl Tweedie, Investment Banking 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: [email protected] |
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