ME Group International PLC Transaction in Own Shares and Total Voting Rights (5279A)

TIDMMEGP

RNS Number : 5279A

ME Group International PLC

23 January 2024

23 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                 22 January 2024 
 Aggregate number of Ordinary 
  Shares purchased:               25,000 
-------------------------------  ---------------- 
 Highest price paid per share 
  (GBP):                          1.26 
                                 ---------------- 
 Lowest price paid per share 
  (GBP):                          1.23 
                                 ---------------- 
 Volume weighted average price 
  paid (GBP):                     1.24 
                                 ---------------- 
 

The purchased Ordinary Shares will be held by the Company in treasury. Following the purchase of these shares, the Company will have 376,593,425 Ordinary Shares in issue (not including treasury shares). The total number of Ordinary Shares held by the Company in treasury is 1,861,454, which attract no voting rights whilst so held.

The total number of voting rights in the Company, excluding treasury shares as of today is 376,593,425. 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 1,861,454 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): 
22/01/2024        XLON              1.24               25,000 
             --------------  -------------------  ---------------- 
 

Individual Transactions

 
Number of ordinary  Transaction       Time of transaction  Transaction reference  Trading 
 shares purchased    price             (UK Time)            number                 venue 
                     per share(GBX): 
        59               126.2               08:45           00006115032TRLO1      XLON 
       176               122.6               09:24           00006115117TRLO1      XLON 
       293               123.8               09:24           00006115124TRLO1      XLON 
       293               123.8               09:24           00006115123TRLO1      XLON 
       293               123.8               09:24           00006115122TRLO1      XLON 
       293               123.8               09:24           00006115121TRLO1      XLON 
        1                123.8               09:24           00006115120TRLO1      XLON 
       139               123.8               09:24           00006115119TRLO1      XLON 
       323               123.8               09:24           00006115118TRLO1      XLON 
       1476              124.1               09:52           00006115170TRLO1      XLON 
       1582              124.2               10:19           00006115292TRLO1      XLON 
        20               123.1               10:57           00006115355TRLO1      XLON 
       1755              124.2               10:57           00006115356TRLO1      XLON 
        70               123.7               11:27           00006115395TRLO1      XLON 
        70               123.7               11:27           00006115394TRLO1      XLON 
       1331              124.8               11:27           00006115396TRLO1      XLON 
        18               123.7               11:55           00006115452TRLO1      XLON 
        23               123.7               11:55           00006115451TRLO1      XLON 
        23               123.7               11:55           00006115450TRLO1      XLON 
       1487              124.8               11:55           00006115453TRLO1      XLON 
        8                123.7               12:24           00006115506TRLO1      XLON 
        8                123.7               12:24           00006115505TRLO1      XLON 
       1473              123.7               12:24           00006115507TRLO1      XLON 
        52               124.8               12:24           00006115508TRLO1      XLON 
        1                122.6               12:33           00006115518TRLO1      XLON 
       1503              123.4               12:50           00006115565TRLO1      XLON 
        3                123.4               13:18           00006115609TRLO1      XLON 
       124               123.4               13:18           00006115608TRLO1      XLON 
        3                123.4               13:18           00006115607TRLO1      XLON 
        3                123.4               13:18           00006115610TRLO1      XLON 
       176               123.4               13:18           00006115611TRLO1      XLON 
       1104              124.2               13:18           00006115612TRLO1      XLON 
        11               122.6               13:18           00006115613TRLO1      XLON 
       1510              123.3               13:44           00006115672TRLO1      XLON 
       2341              123.3               13:44           00006115673TRLO1      XLON 
       926               123.3               14:59           00006115911TRLO1      XLON 
       1057              123.3               14:59           00006115910TRLO1      XLON 
       1458              126.4               15:29           00006116038TRLO1      XLON 
       2512              123.6               15:58           00006116182TRLO1      XLON 
       1002               124                16:02           00006116205TRLO1      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

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January 23, 2024 02:00 ET (07:00 GMT)