LONDON - Two joint managing directors of The Character Group plc (AIM:CCT) purchased shares in the company on May 20, according to a press release.
Jon Diver, Joint Group Managing Director, acquired 833 ordinary shares at 276p per share through his personal pension plan. Following the purchase, Diver holds 986,588 ordinary shares, representing approximately 5.66% of the company's issued voting share capital.
Kiran Shah, also Joint Group Managing Director, purchased 1,667 ordinary shares at the same price of 276p per share through his personal pension plan. Shah's total shareholding increased to 1,933,767 ordinary shares, representing approximately 11.10% of the company's issued voting share capital.
Both transactions were conducted on the London Stock Exchange's AIM market. The Character Group designs, develops and distributes branded toys, games and giftware internationally.
The notifications were made in accordance with Article 19(3) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
