REG - ME Group Intl. - Transaction in Own Shares and Total Voting Rights

ME InternationalAnnouncement

19/10/2023 17:15

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RNS Number : 7258Q  ME Group International PLC  19 October 2023

19 October 2023

 

 

ME GROUP INTERNATIONAL PLC
("ME Group" or "the Company")

 

Transaction in Own Shares and Total Voting Rights

 

ME Group announces that today it purchased 136,691 of its ordinary shares of
0.5p each ("Ordinary Shares") into treasury. These shares were purchased at an
average price of £1.49 each.

 

As a result of the above:

 

·    the aggregate percentage of the Company's Ordinary Shares held in
treasury is 0.33%;

 

·    the total number of the Company's issued Ordinary Shares is
377,194,345; and

 

·    the total number of voting rights in the Company is 377,194,345 which
is the number which may be used by the shareholders as the denominator for
calculations by which they will determine if they are required to notify their
interest in, or a change to their interests in, the Company under the FCA's
Disclosure and Transparency Rules.

 

The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014 which is part of UK law by virtue of the European Union (withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

 

 

ENQUIRIES:

 

 ME Group International plc    +44 (0) 1372 453 399
 Del Mansi, Company Secretary

 Hudson Sandler                +44 (0) 20 7796 4133

 Wendy Baker / Nick Moore       me-group@hudsonsandler.com (mailto:me-group@hudsonsandler.com)

 

 

NOTES TO EDITORS

 

ME Group International plc (LSE: MEGP) operates, sells and services a wide
range of instant-service vending equipment, primarily aimed at the consumer
market.

 

The Group operates vending units across 19 countries and its technological
innovation is focused on four principal areas:

 

·    Photo.ME   - Photobooths and integrated biometric identification
solutions

·    Wash.ME   - Unattended laundry services and launderettes

·    Print.ME     - High-quality digital printing kiosks

·    Feed.ME    - Vending equipment for the food service market

 

In addition, the Group operates other vending equipment such as children's
rides, amusement machines, and business service equipment.

 

Whilst the Group both sells and services this equipment, the majority of units
are owned, operated and maintained by the Group. The Group pays the site owner
a commission based on turnover, which varies depending on the country,
location and the type of machine.

 

The Group has built long-term relationships with major site owners and its
equipment is generally sited in prime locations in areas of high footfall such
as supermarkets, shopping malls (indoors and outdoors), transport hubs, and
administration buildings (City Halls, Police etc.). Equipment is maintained
and serviced by an established network of more than 650 field engineers.

 

In August 2022 the Company changed its listed entity name to ME Group
International plc (previously Photo-Me International plc) to better reflect
the Group's diversification focus and business strategy.

 

The Company's shares have been listed on the London Stock Exchange since 1962.

 

For further information: www.me-group.com (http://www.me-group.com)

 

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