Source - LSE Regulatory
RNS Number : 4637P
Character Group PLC
17 February 2021
 

 

 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

 

 

LONDON: Wednesday, 17 February 2021

 

 

THE CHARACTER GROUP PLC

("Character", "Company", "Group")

Designers, developers and international distributor of toys, games and giftware

 

Purchase of new warehouse premises

 

 

The Board of Character (AIM symbol: CCT) is pleased to report that, following a simultaneous exchange of contracts and completion, the Group has today acquired a warehouse and office complex at Townley Street, Middleton in Lancashire at a price of £5m (excluding VAT).  These premises, which are located within 6 miles of the Company's main operational base in Oldham, provide a total of approximately 157,000 sq. ft. of warehouse, office and ancillary accommodation/facilities and are positioned on a plot of approximately 7.44 acres.  It will serve as an over-spill warehousing facility for the Group's UK operations, after some updating and fitting out to suit the Group's operating systems and processes.

 

 

 


The Character Group plc

FTSE sector:  leisure goods:

FTSE AIM All-share: symbol: CCT

Market cap: £93.8m

Email:  info@charactergroup.plc.uk

Group website: www.thecharacter.com

Product ranges can also be viewed at www.character-online.co.uk

 

 

Enquiries to:

The Character Group plc

Jon Diver, Joint Managing Director

Kiran Shah, Joint Managing Director & Group Finance Director

Office:  +44 (0) 208 329 3377

Mobile: +44 (0) 7831 802219 (JD)

Mobile: +44 (0) 7956 278522 (KS)


Panmure Gordon

(Nominated Adviser and Joint Broker)

Atholl Tweedie, Investment Banking

Charles Leigh-Pemberton, Corporate Broking

Rupert Dearden, 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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