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23 Jan 2017 12:35
23 January 2017
Photo-Me International plc
Share price movement
Photo-Me notes the movement in its share price following media comment regarding photo ID regulations in the United Kingdom.
The Company confirms it has continued to trade in line with its expectation since its interim results announced on 9 December 2016.
The Company believes its latest technology represents a major growth opportunity as the most secure photo ID solutions available and that accepting photos from mobile phones for official documents is incompatible with developing security requirements.
Photo-Me's solutions have been adopted by ANTS (Agence Nationale des Titres Sécurisés, a national agency linked to the French Ministry of Transport and issuing secured official personal documents) as well as by the Ministry of Foreign Affairs and Trade in the Republic of Ireland where trials are underway for photobooth secure online passport applications. Furthermore, it is currently in ongoing discussions with Her Majesty's Passport Office in order to equip its photobooths in the United Kingdom with the technology used in France.
Enquiries:
Hudson Sandler (Financial PR) | +44 (0) 20 7796 4133 |
Wendy Baker/ Emily Dillon |
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About Photo-Me
Photo-Me operates a wide range of instant service equipment.
With 45,500 vending locations in 17 countries (primarily the UK, France and Japan), Photo-Me is the world's leading operator of photobooths, with 27,600 sited. The Group operates a diverse range of vending equipment, including digital printing kiosks, laundry machines, children's rides and amusement machines, in the most sought-after locations around the world.
Photo-Me sells a range of photo-processing equipment including photobook makers and digital printing kiosks.
The Company's shares have been fully-listed on the London Stock Exchange since 1962.
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