ME Group International PLC Transaction in Own Shares and Total Voting Rights (8217A)

TIDMMEGP

RNS Number : 8217A

ME Group International PLC

24 January 2024

24 January 2024

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                 24 January 2024 
 Aggregate number of Ordinary 
  Shares purchased:               25,000 
-------------------------------  ---------------- 
 Highest price paid per share 
  (GBP):                          1.26 
                                 ---------------- 
 Lowest price paid per share 
  (GBP):                          1.21 
                                 ---------------- 
 Volume weighted average price 
  paid (GBP):                     1.23 
                                 ---------------- 
 

The purchased Ordinary Shares will be held by the Company in treasury. Following the purchase of these shares, the Company will have 376,543,425 Ordinary Shares in issue (not including treasury shares). The total number of Ordinary Shares held by the Company in treasury is 1,911,454, which attract no voting rights whilst so held.

The total number of voting rights in the Company, excluding treasury shares as of today is 376,543,425. 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 1,911,454 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 made by Cavendish Securities plc on behalf of the Company as part of the Buyback Programme.

Aggregate information

 
Date         Trading Venue   Volume weighted      Aggregate volume 
                              average price paid 
                              per share(GBP): 
24/01/2024        XLON              1.23               25,000 
             --------------  -------------------  ---------------- 
 

Individual Transactions

 
Number of ordinary  Transaction       Time of transaction  Transaction reference  Trading 
 shares purchased    price             (UK Time)            number                 venue 
                     per share(GBX): 
        77               125.8               08:02           00006118742TRLO1      XLON 
       1519               125                08:41           00006118868TRLO1      XLON 
       1415               125                09:11           00006118934TRLO1      XLON 
       2177              124.4               09:45           00006119002TRLO1      XLON 
       286               122.2               10:14           00006119074TRLO1      XLON 
       1868              123.1               10:39           00006119150TRLO1      XLON 
       1375              123.1               10:45           00006119172TRLO1      XLON 
       3150              122.4               11:10           00006119229TRLO1      XLON 
       1847               122                12:44           00006119566TRLO1      XLON 
       1653               122                13:22           00006119683TRLO1      XLON 
        2                121.4               13:56           00006119827TRLO1      XLON 
       1653               122                13:56           00006119828TRLO1      XLON 
        2                121.4               14:29           00006120025TRLO1      XLON 
       1653               122                14:29           00006120026TRLO1      XLON 
       1654              121.1               15:01           00006120350TRLO1      XLON 
       1331              121.2               15:28           00006120559TRLO1      XLON 
       388               121.2               15:28           00006120560TRLO1      XLON 
        1                121.2               15:28           00006120561TRLO1      XLON 
       743               121.2               15:31           00006120576TRLO1      XLON 
       1527              121.2               15:34           00006120591TRLO1      XLON 
       679               122.2               16:19           00006120931TRLO1      XLON 
                    ----------------  -------------------  ---------------------  ------- 
 

ENQUIRIES:

 
 ME Group International plc          [phone] 
 Del Mansi, Company Secretary 
 
 
 Hudson Sandler                      [phone] 
  Wendy Baker / Nick Moore            [e-mail] 
 
 
 

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

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 [e-mail] or visit 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.

END

POSSEUFWLELSEFF

(END) Dow Jones Newswires

January 24, 2024 12:20 ET (17:20 GMT)