24 Jun 2021 10:52
Universe Group plc
("Universe", the "Company" or the "Group")
Director Dealing
Universe Group plc (AIM: UNG.L), a leading developer and supplier of point of sale, payment and loyalty systems announces that Andrew Blazye, Executive Chairman, has today acquired 22,842,785 ordinary shares of the Company ("Ordinary Shares") at a price of 5 pence per Ordinary Share. Subsequent to this purchase, Mr Blazye has a holding of 23,142,785 Ordinary Shares representing 8.86% of the Company's issued share capital.
These Ordinary Shares were acquired from Darragh Fanning (being the ultimate beneficial owner of Astralflair Limited). Darragh was the founder of Celtech, which was acquired by Universe in April 2019, and remained in a senior executive role within the Group overseeing the integration and operations of Celtech. Darragh leaves the Group to pursue other business interests with the Board's sincere gratitude for his personal contribution to the Group and best wishes for the future.
For further information
Universe Group plc T: +44 2380 689 510
Andrew Blazye, Executive Chairman
Neil Radley, Chief Executive Officer
Adrian Wilding, Chief Financial Officer
finnCap T: +44 20 7220 0500
Henrik Persson / Seamus Fricker (Corporate Finance)
Richard Chambers (ECM)
IFC Advisory T: +44 20 3934 6630
Tim Metcalfe
Florence Chandler
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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 centers processing over 6 billion transactions every year. For further information, please see www.universe-group.co.uk
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Andrew Blazye | ||||
1. | Reason for the notification | |||||
a) | Position/status: | Executive Chairman | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Universe Group plc | ||||
b) | LEI: | 213800YEBEDVKK4EDE08 | ||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 1 penny each ("Ordinary Shares") GB0009483594 | ||||
b) | Nature of the transaction: | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 24/06/2021 | ||||
f) | Place of the transaction: | AIM, London Stock Exchange (XLON) | ||||