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Result of GM and Share Buyback Programme

26th Feb 2026 11:35

RNS Number : 5663U
ME Group International PLC
26 February 2026
 

26 February 2026

ME GROUP INTERNATIONAL PLC

("ME Group" or "the Group" or "the Company") 

Result of General Meeting and Commencement of Share Buyback Programme

ME Group International plc (LON: MEGP), the instant-service vending equipment group, is pleased to announce that at the General Meeting held today at 10.00 a.m. at the offices of Hudson Sandler LLP, 25 Charterhouse Square, London, EC1M 6AE, both resolutions set out in the Circular and Notice of General Meeting sent to shareholders on 10 February 2026 ("Circular and Notice of 2026 GM") were passed on a poll.

 

The results of the poll for each resolution are set out below: 

 

Special Business

 

Total Votes Cast

% of total voting rights

Votes

For

Votes

Against

Votes

withheld

% for

% against

Special Resolution

 

 

 

 

 

 

 

 

1.

THAT, subject to resolution 2, the Company be authorised to make market purchases of ordinary shares of 0.5p each.

 

159,427,696

42.21

159,138,119

289,577

17,715

99.82

0.18

Ordinary Resolution

2.

THAT, subject to resolution 1, the waiver by the Panel on Takeovers and Mergers of any obligation which might arise on the Concert Party to make a general offer as a result of market purchases of ordinary shares be approved.

159,392,232

42.20

 

133,157,571

26,234,661

53,179

83.54

16.46

 

Notes:

 

1. Votes withheld have not been counted in the calculation of the proportion of the votes "for" and "against" resolutions.

 

2. Votes which gave discretion to the Chairman have been included in the "for" total.

 

3. In accordance with the terms of the Panel Waiver, only Independent Shareholders were entitled to vote on Resolution 2.

Other than where defined, capitalised terms used in this Announcement have the meanings given to them in the Circular and Notice of 2026 GM.

Accordingly, as set out in the Company's announcement on 25 February 2026, the Company expects to launch a share buyback of between £15 million to £20 million shortly following publication of its audited financial statements for the year ended 31 October 2025.

 

Enquiries: 

ME Group International plc

+44 (0) 1372 453 399

Serge Crasnianski, CEO

Vlad Crasneanscki, Deputy CEO

Stéphane Gibon, CFO

Hudson Sandler

+44 (0) 20 7796 4133

Wendy Baker

Nick Moore 

[email protected]

 

Disclaimer

Peel Hunt LLP, which is authorised and regulated by the Financial Conduct Authority (FCA), is acting as Financial Adviser to the Company in connection with the matters described in this announcement. Peel Hunt LLP will not be responsible to anyone other than the Company for providing the protections afforded to clients of Peel Hunt LLP or for advising any other person on the Proposed Buy-Back Authority and the Rule 9 Waiver or any other arrangements described in this announcement. Peel Hunt LLP has not authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Peel Hunt LLP for the accuracy of any information or opinions contained in this announcement or for the omission of any information.

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END
 
 
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