Information  X 
Enter a valid email address

Universe Grp. (UNG)

  Print      Mail a friend

Monday 30 June, 2003

Universe Grp.

Scrip Dividend

Universe Group PLC
30 June 2003


30 June 2003

                UNIVERSE GROUP PLC ('Universe' or the 'Company')

           Result of the scrip alternative and director shareholdings

Universe, the retail and information systems company, today announced that under
the Company's Scrip Dividend Scheme shareholders representing 30.4% of the
issued share capital elected to receive shares in lieu of cash in respect of all
or part of the Final Dividend for the year to 31 December 2002, which is to be
paid on 3 July 2003.  Under the terms of the Scrip Dividend electing
shareholders will receive new ordinary shares of 5p each ('New Ordinary Shares')
at an effective price of 21 pence per share in lieu the final dividend of 1.17
pence per share.

As a result, a total of 604,182 New Ordinary Shares have been allotted.
Application will be made for the New Ordinary Shares to be admitted to trading
on the Alternative Investment Market and dealings are expected to commence on 4
July 2003.

Each of the Directors elected to receive the Scrip Dividend alternative.  As a
result the Directors' shareholdings are:

                      Previous               Scrip       Current   Percentage

George Welham           12,000                 668        12,668        0.03%
Ray Mackie           5,409,800             301,397     5,711,197       13.40%
Keith Buchanan          25,000               1,392        26,392        0.06%
Eddie Paul               6,250                 334         6,584        0.02%
Barrie Brinkman        560,378              31,220       591,598        1.39%

For Further Information:

Universe Group plc  023 8068 9510
Ray Mackie, Group Chief Executive
Catherine Wines, Group Company Secretary

Charles Stanley & Co. Limited      020 7739 8200
Russell Cook

                      This information is provided by RNS
            The company news service from the London Stock Exchange