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Exercise of Options and TVR

27th Jun 2019 11:45

RNS Number : 6751D
Universe Group PLC
27 June 2019
 

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

 

 

 

 

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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