UNG.L Regulatory News (UNG)

6 Jul 2005 16:06

Universe Group PLC06 July 2005 UNIVERSE GROUP PLC ("Universe " or the "Company") Result of the scrip alternative and director shareholdings Universe, the retail and information systems company, today announced that underthe Company's Scrip Dividend Scheme shareholders representing 25.1% of theordinary shares elected to receive shares in lieu of cash in respect of all orpart of the Final Dividend for the year to 31 December 2004, which was paid on 6July 2004. Under the terms of the Scrip Dividend electing shareholders receivenew ordinary shares of 5p each ("New Ordinary Shares") at an effective price of18.1 pence per share in lieu of the final dividend of 0.5 pence per share. As a result, a total 423,655 New Ordinary Shares have been allotted.Application has been made for the New Ordinary Shares to be admitted to tradingon the Alternative Investment Market and dealings are expected to commence on 8July 2005. Each of the Directors elected to receive the Scrip Dividend alternative inrespect of their entire shareholdings. As a result the Directors' shareholdingsare: Previous Scrip Current Percentage Ray Mackie 6,974,658 192,669 7,167,327 11.62%Barrie Brinkman 851,069 23,510 874,579 1.42%Catherine Wines 214,136 5,915 220,051 0.36%Adrian Grinsell 58,145 1,606 59,751 0.10% Eddie Paul 39,505 1,090 40,595 0.07%Keith Buchanan 37,967 1,048 39,015 0.06% For further information: Universe Group plc: 020 7287 0888 Ray Mackie, Group Chief Executive Charles Stanley & Co Limited 020 7739 8200 Russell Cook This information is provided by RNS The company news service from the London Stock Exchange