Character Group PLC Director/PDMR Shareholding (5434Q)

TIDMCCT

RNS Number : 5434Q

Character Group PLC

06 June 2018

6 June 2018

The Character Group plc

("Character Group" or the "Company")

Granting of Options to Directors

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them and transaction in own shares

Character Group (AIM: CCT) the designer, developer and international distributor of branded toys, games and giftware, announces that, on 5 June 2018, it granted options under the Company's 2017 Share Option Plan (the "Plan") over issued ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") held in treasury at nil cost to Mr. Michael Hyde and Mr. Jeremiah Healy, Directors of the Company and Persons Discharging Managerial Responsibilities (PDMRs), as shown below:

 
 Company director                 Number    Percentage      Exercise          Total      Percentage 
                             of Ordinary    of Company's       Price         number    of Company's 
                                  Shares      current            per    of Ordinary         current 
                              in respect       total        Ordinary         Shares    total voting 
                                of which       voting          Share          under          rights 
                              the option       rights          under         option     represented 
                                has been    represented          the                         by the 
                                 granted       by the            new                   total number 
                                             new option       option                    of Ordinary 
                                               grant                                         Shares 
                                                                                       under option 
-------------------------  -------------  --------------  ----------  -------------  -------------- 
                 Managing 
                Director, 
 Michael         Far East 
  Hyde         Operations        100,000           0.47%        520p        100,000           0.47% 
----------  -------------  -------------  --------------  ----------  -------------  -------------- 
                    Group 
 Jeremiah       Marketing 
  Healy          Director         72,000           0.34%        520p        144,000           0.68% 
----------  -------------  -------------  --------------  ----------  -------------  -------------- 
 

Options under the Plan are ordinarily exercisable from the 3rd until the 10th anniversary of the date of grant, subject to satisfaction of any applicable performance condition and the Rules of the Plan.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the option grants.

Notification and public disclosure of transactions by persons discharging managerial responsibilities / person closely associated with them.

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------ 
 a.   Name                             Mr. Michael Hyde and Mr. Jeremiah 
                                        Healy 
---  -------------------------------  --------------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------------ 
 a.   Position/status                  PDMRs 
---  -------------------------------  --------------------------------------- 
 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                   Ordinary shares of 5 pence 
       the 
       Financial instrument, 
       type of instrument               GB0008976119 
       Identification 
       code 
---  -------------------------------  --------------------------------------- 
 b.   Nature of the transaction        Grant of options 
---  -------------------------------  --------------------------------------- 
 c.   Price(s) and volume(s)            Name            Price(s)     Volume 
                                        --------------  -----------  -------- 
                                         Mr. Michael     520p upon 
                                          Hyde            exercise    100,000 
                                        --------------  -----------  -------- 
                                         Mr. Jeremiah    520p upon 
                                          Healy           exercise    72,000 
                                        --------------  -----------  -------- 
---  -------------------------------  --------------------------------------- 
 d.        Aggregated information 
             *    Aggregated volume     172,000 
                                         520p upon exercise 
 
             *    Price 
---  -------------------------------  --------------------------------------- 
 e.   Date of the transaction          5 June 2018 
---  -------------------------------  --------------------------------------- 
 f.   Place of the transaction         XLON 
---  -------------------------------  --------------------------------------- 
 

Enquiries:

The Character Group plc

Kiran Shah,Company Secretary

Tel: [phone]

Panmure Gordon, Nominated Adviser and Joint Broker

Andrew Godber

Sandra Björck

Tel: [phone]

Allenby Capital Limited, Joint Broker

Nick Athanas

Tel: [phone]

Tooley Street Communications, IR & Media Relations

Fiona Tooley

Tel: [phone]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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June 06, 2018 10:17 ET (14:17 GMT)