Picture of ME International logo

MEGP ME International News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsAdventurousMid CapNeutral

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

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231215:nRSO9085Wa&default-theme=true

RNS Number : 9085W  ME Group International PLC  15 December 2023

15 December 2023

 

 

ME GROUP INTERNATIONAL PLC

("ME Group", "the Group" or "the Company")

 

Transaction in Own Shares and Total Voting Rights

 

ME Group announces that, in accordance with the terms of its share buyback
programme announced on 18 August 2023 (the "Buyback Programme"), the Group has
purchased the following number of ME Group International plc ordinary shares
of 0.5p each (the "Ordinary Shares").

 Date of purchase                                  14 December 2023

 Aggregate number of Ordinary Shares purchased:    23,000
 Highest price paid per share (£):                 1.28
 Lowest price paid per share (£):                  1.23
 Volume weighted average price paid (£):           1.27

 

The purchased Ordinary Shares will be held by the Company in treasury.
Following the purchase of these shares, the Company will have 377,100,082
Ordinary Shares in issue (not including treasury shares). The total number of
Ordinary Shares held by the Company in treasury is 1,354,797, which attract
no voting rights.

The total number of voting rights in the Company, excluding treasury shares as
of today is 377,100,082. This figure may be used by shareholders (and others
with notification obligations) as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure and
Transparency Rules.

Since the announcement of the Buyback Programme on 18 August 2023, ME Group
has purchased 1,354,797 Ordinary Shares in aggregate, all of which are held in
treasury.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it
applies in the UK (the Market Abuse Regulation), the table below contains
detailed information of the individual trades on behalf of the Company as part
of the share buyback programme.

 

Aggregate information

 Date        Trading Venue  Volume weighted average price paid per share(£):   Aggregate volume
 14/12/2023  XLON           1.27                                               23,000

 

 

Individual Transactions

 

 Number of ordinary shares purchased  Transaction price  Time of transaction (UK Time)  Transaction reference number  Trading venue

per share(GBX):
 1080                                 126.4              16:35                          00006075685TRLO1              XLON
 2134                                 127.3              16:07                          00006075513TRLO1              XLON
 997                                  123.3              15:32                          00006075382TRLO1              XLON
 1036                                 126.4              15:17                          00006075281TRLO1              XLON
 2046                                 126.6              15:12                          00006075231TRLO1              XLON
 1067                                 126.6              14:39                          00006075029TRLO1              XLON
 1074                                 126.6              14:39                          00006075030TRLO1              XLON
 1052                                 127.2              14:27                          00006074989TRLO1              XLON
 84                                   127.8              14:12                          00006074936TRLO1              XLON
 4972                                 127.6              14:10                          00006074930TRLO1              XLON
 7458                                 127.6              14:10                          00006074931TRLO1              XLON

 

 

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)

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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSFFMESLEDSEIE

Recent news on ME International

See all news