21st Sep 2020 07:00
21 September 2020
AIM: UNG.L
Universe Group plc
("Universe", the "Company" or the "Group")
Board Change
Universe Group plc (AIM:UNG.L), a leading developer and supplier of retail management solutions, payment and loyalty systems, announces that Daryl Paton, the Company's Finance Director, has notified the Company of his intention to step down to pursue a new career opportunity.
Daryl will remain with the Company as Finance Director until his successor is appointed and for a short period thereafter to ensure a smooth handover. The Company has commenced a search for his successor and a further announcement will be made in due course.
Jeremy Lewis, Chief Executive of Universe Group plc, commented: "I would like to thank Daryl for his contribution to Universe over the past three years and we respect his decision to leave to pursue a new opportunity. He is remaining with the Company to ensure an orderly handover of his responsibilities and I look forward to announcing the appointment of his successor in due course."
For further information:
Universe Group plc Andrew Blazye, 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 Graham Herring 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 retail management solutions, 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 15 billion transactions every year. For further information, please see www.universe-group.co.uk
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