National Storage Mechanism | Additional information

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise
price

Expiration
date ^xvii

Exercise/
Conversion
period ^xviii

Number of voting
rights instrument
refers to

% of voting rights ^{xix, xx}

RNS Number : 5005E

Character Group PLC

08 May 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES ⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ

Character Group plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Otus Capital Management L.P. Otus Capital Management Ltd Andrew Gibbs
4. Full name of shareholder(s) (if different from 3.): ^iv	BNYM - Omnibus A/C (GROSS) RBC ISB S.A. a/c NON RES. DOM> RATE-Clients NORTRUST NOMINEES LIMITED CREST ID CI01 Acc DOP17
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	02 May 2017
6. Date on which issuer notified:	03 May 2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	5%

8. Notified details:
A: Voting rights attached to shares ^{viii, ix}
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights ^x
			Direct	Direct ^xi	Indirect ^xii	Direct	Indirect
Ordinary shares GB0008976117	Below 5%	Below 5%	N/a	N/a	1,118,020	N/a	5.28%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date ^xiii	Exercise/ Conversion Period ^xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B+C)
Number of voting rights	Percentage of voting rights
1,118,020	5.28%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: ^xxi

Otus Capital Management L.P. s the investment manager of certain funds that hold the financial instruments disclosed in Section 8 form and which controls the voting rights attached those financial investments.

Otus Capital Management Ltd is the general partner (and therefore a parent undertaking) of Otus Capital Management L.P. Andrew Gibbs is a parent undertaking of Otus Capital Management Ltd.

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Richard Colyer
15. Contact telephone number:	+ 44 20 7227 0007

This information is provided by RNS

The company news service from the London Stock Exchange

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