Board Appointment

8 September 2015

AIM: UNG

Universe Group plc

("Universe" or "the Group")

Board Appointment

Universe (AIM: UNG.L), a leading developer and supplier of point of sale, payment and on-line loyalty systems, is pleased to announce the promotion of Baljit ("Billy") Tank to the Board as an Executive Director, responsible for Group Sales and Marketing, with immediate effect.

Mr Tank, aged 47, joined the Group in June 2013 with the acquisition of Indigo Retail Holdings Limited ("Indigo"), which he founded and led for eight years. He has extensive senior level experience of the technology sector, in particular the retail software sector, both in product and business development. After joining Universe, he was responsible for the smooth integration of Indigo within the Group's major operating subsidiary, HTEC Limited and has been responsible for sales and marketing activities. 

Robert Goddard, Chairman of Universe, said:

 "I am delighted to welcome Billy to the Board of Universe. He provides further invaluable insight to our chosen markets and is an excellent addition to the top team as we continue to develop the business."

Jeremy Lewis, Chief Executive Officer of Universe, commented:

"Since joining the Group in 2013, Billy has become an important member of the team, leading the successful integration of Indigo, a business that he founded and led. He has also played a major part in the ongoing development of HTEC. I am very pleased that he is now joining the Board."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Mr Baljit ("Billy") Kumar Tank, age 47 years, has been a director of the following in the last 5 years:

Indigo Retail Technology Limited

Indigo Retail Holdings Limited

Indigo Design Build & Management Limited

Indigo Dbam Limited

TQIPS Limited

TQIPS Limited was placed into Administration on 15 July 2011 with an estimated deficiency as regards creditors of £4.7 million.

Mr Tank currently owns 14,001,404 ordinary shares in Universe representing 6 per cent. of the total voting rights of Universe. There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information:

About Universe Group plc

Universe provides some of the world's leading retailers with point of sale, payment and loyalty solutions. 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 in excess of 3 billion transactions every year. For further information, please see www.universeplc.com.