Transaction in Own Shares and Total Voting Rights

ME Group International PLC

19 October 2023

 

19 October 2023

ME GROUP INTERNATIONAL PLC
("ME Group" or "the Company")

Transaction in Own Shares and Total Voting Rights

ME Group announces that today it purchased 136,691 of its ordinary shares of 0.5p each ("Ordinary Shares") into treasury. These shares were purchased at an average price of £1.49 each.

As a result of the above:

·    the aggregate percentage of the Company's Ordinary Shares held in treasury is 0.33%;

·    the total number of the Company's issued Ordinary Shares is 377,194,345; and

·    the total number of voting rights in the Company is 377,194,345 which is the number which may be used by the shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interests in, the Company under the FCA's Disclosure and Transparency Rules.

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which is part of UK law by virtue of the European Union (withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

ENQUIRIES:

ME Group International plc	[phone]
Del Mansi, Company Secretary
Hudson Sandler Wendy Baker / Nick Moore	[phone]  [e-mail]

NOTES TO EDITORS

ME Group International plc (LSE: MEGP) operates, sells and services a wide range of instant-service vending equipment, primarily aimed at the consumer market.

The Group operates vending units across 19 countries and its technological innovation is focused on four principal areas:

·    Photo.ME   - Photobooths and integrated biometric identification solutions

·    Wash.ME   - Unattended laundry services and launderettes

·    Print.ME     - High-quality digital printing kiosks

·    Feed.ME    - Vending equipment for the food service market

In addition, the Group operates other vending equipment such as children's rides, amusement machines, and business service equipment.

Whilst the Group both sells and services this equipment, the majority of units are owned, operated and maintained by the Group. The Group pays the site owner a commission based on turnover, which varies depending on the country, location and the type of machine.

The Group has built long-term relationships with major site owners and its equipment is generally sited in prime locations in areas of high footfall such as supermarkets, shopping malls (indoors and outdoors), transport hubs, and administration buildings (City Halls, Police etc.). Equipment is maintained and serviced by an established network of more than 650 field engineers.

In August 2022 the Company changed its listed entity name to ME Group International plc (previously Photo-Me International plc) to better reflect the Group's diversification focus and business strategy.

The Company's shares have been listed on the London Stock Exchange since 1962.

For further information: www.me-group.com

 

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