THE CHARACTER GROUP PLC — Director's Dealing 2015

Aug 6, 2015

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RNS Number : 3763V

Character Group PLC

06 August 2015

6 August 2015

The Character Group plc

("Character Group" or the "Company")

Directors' share dealings

Placing of shares for Character Group PLC Employee Share Option Trust

Character Group (AIM:CCT.L) announces that it has been notified by Richard King, the Company's Chairman, that he sold 200,000 ordinary shares of 5 pence each in Character Group ("Ordinary Shares") at a price of 510p per share on 5 August 2015.  The Company has also been notified that the Trustees of the Character Group PLC Employee Share Option Trust placed 285,000 Ordinary Shares with institutional and other investors at a price of 510p per share. 

The Company also announces that it issued and allotted 47,000 new Ordinary Shares ("Option Shares") pursuant to the exercise of share options by Joseph Kissane, an executive director of the Company, on 5 August 2015. The Option Shares were exercised at a price of 63p per share and represent approximately 0.22 per cent of the issued ordinary share capital.  Mr Kissane has advised the Company that he has today sold the 47,000 Option Shares at a price of 519.1745p per share.

Following the exercise of options and share sales set out above the resulting interest of Mr King and Mr Kissane in the ordinary share capital of the Company are set out below:

Director	New  Ordinary Shares issued by exercise of share options	Ordinary shares sold	Ordinary Shares held following notified dealing	approx. % of Revised Issued Voting Share Capital
Richard King1	-	200,000	336,286	1.61%
Joseph Kissane	47,000	47,000	500,000	2.40%

1.      included in the interests of R. King are his interests in 176,120 Ordinary Shares held by Cedarberg Investments Limited.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this announcement following the issue and allotment of the Option Shares, and excluding Ordinary Shares held in Treasury, is 20,854,140 ("Revised Issued Voting Share Capital"). The Company holds 4,019,456 Ordinary Shares in treasury, representing approximately 19.27 per cent. of the Revised Issued Voting Share Capital, which do not carry voting rights.

The figure of 20,854,140 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 change to their interest, in the Company under the Disclosure and Transparency Rules.

Enquiries:

The Character Group plc                                                                   Tel: +44 (0)208 329 3377

Kiran Shah, Group Finance Director & Joint MD                                               Ticker: AIM: CCT

Mark Dowding, Company Secretary

Charles Stanley Securities                                                                 Tel: +44 (0)20 7149 6000

Nominated Adviser and Broker

Russell Cook

Tooley Street Communications                                                        Tel: +44 (0)7785 703 523

IR & Media Relations

Fiona Tooley

This information is provided by RNS

The company news service from the London Stock Exchange

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