27 Jun 2019 11:45
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 Andrew Blayze, Non-Executive Chairman Jeremy Lewis, Chief Executive Officer Daryl Paton, Chief Financial Officer
finnCap Henrik Persson (Corporate Finance) Matthew Radley (Corporate Finance) Richard Chambers (ECM)
IFC Advisory Tim Metcalfe Heather Armstrong Florence Chandler | Tel: +44 2380 689 510
Tel: +44 20 7220 0500
Tel: +44 20 3934 6630
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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.