REG - ME Group Intl. - Termination of Offer Period

ME InternationalAnnouncement

05/12/2025 09:00

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RNS Number : 3654K  ME Group International PLC  05 December 2025

 

 

5 December 2025

 

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the
Market Abuse (Amendment) (EU Exit) Regulations 2019/310. Upon the publication
of this announcement, this inside information is now considered to be in the
public domain.

 

 

 

ME GROUP INTERNATIONAL PLC

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

 

Termination of Offer Period

 

ME Group provides the following update for shareholders, following the
announcement on 18 June 2025, which stated that ME Group was exploring
strategic options to enhance shareholder value and that one of those options
involved seeking potential offerors for the Company.

 

Following engagement with several interested parties, the Board of Directors
confirms that it has not received an offer that it believes would be in the
best interests of all the Company's shareholders, and therefore discussions
have been terminated. As a result, the Company is no longer in an "offer
period" as defined by the Takeover Code, and the disclosure requirements
pursuant to Rule 8 of the Takeover Code are no longer applicable.

 

ME Group is committed to delivering value for shareholders, underpinned by its
long-term strategy to grow its core laundry and photobooth activities,
particularly the expansion of its laundry operations.

 

As announced on 7 November 2025, total revenue for the financial year ended 31
October 2025 is expected to be between £311 million and £318 million(1). The
Group expects to report another year of record profitability with profit
before tax of between £76 million and £79 million(1). The Group's cash
conversion and balance sheet remained strong. The Group expects to publish its
Annual Results for the financial year ended 31 October 2025 in mid-February
2026.

 

(1) Excluding the impact from foreign exchange rates ("at constant currency")
during FY 2025, particularly the Japanese yen which saw a 1.9% decrease in
value against pound sterling (average rate of exchange used in FY2025 was
Yen/£ 195.35 vs FY 2024: Yen/£ 191.71 ), and a 0.05% decrease in the euro
against pound sterling (average rate of exchange used in FY 2025 was €/£
1.178 vs FY 2024: 1.173).

( )

 

ENQUIRIES:

 

 ME Group International plc                                              +44 (0) 1372 453 399
 Stéphane Gibon, CFO                                                     ir@me-group.com (mailto:ir@me-group.com)
 Vlad Crasneanscki, Executive Director & Head of Investor Relations

 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) is an international market leader in
automated self-service equipment aimed at the consumer market, with over
48,000 vending units currently in operation.

 

The Group operates, sells and services a wide range of instant-service vending
equipment across 16 countries in its key regions of Continental Europe, the UK
& Republic of Ireland and Asia Pacific. The Group's services include:

 

Core activities:

 

 ·         Photo.ME  Photobooths and integrated biometric identification solutions
 ·         Wash.ME   Unattended laundry services and launderettes

 

Ancillary activities:

 

 ·         Print.ME       High-quality digital printing kiosks
 ·         Other vending  Primarily Foodservice vending equipment (Feed.ME), Children's rides
                          (Amuse.ME), Photocopier services (Copy.ME)

 

The Group has a proven track record of innovation and diversification of its
products and services, enabling it to respond to the evolving needs of its
customers and consumers.

 

The Group benefits from well-established partnerships and long-term contracts
with major site owners in attractive, high-footfall locations, enabling it to
offer multiple products and services onsite. Partners include supermarkets,
petrol forecourts, shopping malls (indoors and outdoors), transport hubs, and
administration buildings (City Halls, Police etc.).

 

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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