Universe Group PLC Exercise of Options and TVR (6751D)

TIDMUNG

RNS Number : 6751D

Universe Group PLC

27 June 2019

Universe Group plc

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

Exercise of Options and Total Voting Rights

Universe Group plc (AIM:UNG.L), a leading developer and supplier of point of sale, payment and on-line loyalty systems, announces that it has applied for the admission to trading on AIM ("Admission") of 1,500,000 new ordinary shares of 1p each ("Ordinary Shares") following an exercise of options by a former employee. These new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and Admission is expected to be effective on 4 July 2019.

Following the exercise, a total of 22,394,000 options over Ordinary Shares (representing approximately 8.72 per cent. of the Company's enlarged issued share capital) remain outstanding.

The Company advises that, following Admission, the Company's issued share capital is 256,691,720 Ordinary Shares. The above figure of 256,691,720 may be used by shareholders 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.

For further information:

 
     Universe Group plc                  Tel: [phone] 
      Andrew Blayze, Non-Executive 
      Chairman Jeremy Lewis, Chief 
      Executive Officer 
      Daryl Paton, Chief Financial 
      Officer                             Tel: [phone] 
 
      finnCap 
      Henrik Persson (Corporate 
      Finance) 
      Matthew Radley (Corporate           Tel: [phone] 
      Finance) 
      Richard Chambers (ECM) 
 
      IFC Advisory 
      Tim Metcalfe 
      Heather Armstrong 
      Florence Chandler 
 

About Universe Group plc:

Universe provides some of the world's leading retailers with point of sale, payment and loyalty systems. The Group's solutions are based on its own proprietary software and are offered out of the cloud on a software as a service model with its data centres processing over 6 billion transactions every year. For further information, please see www.universeplc.com.

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June 27, 2019 06:45 ET (10:45 GMT)