Universe Group PLC
01 December 2003
UNIVERSE GROUP PLC ('Universe' or the 'Company')
Result of Extraordinary General Meeting
On 14 November 2003, Universe announced a 3 for 8 Rights Issue of up to
15,985,233 Rights Issue Shares at 21.5p per share (the 'Rights Issue'). The
Company today announces that the Resolution to enable the Rights Issue to
proceed was duly passed at this morning's Extraordinary General Meeting.
Accordingly, Provisional Allotment Letters in respect of entitlements to Rights
Issue Shares are to be posted today to Qualifying non-CREST Shareholders (other
than certain overseas Shareholders). It is expected that Nil-Paid Rights will be
credited to the CREST stock accounts of Qualifying CREST Shareholders (other
than certain overseas Shareholders) with effect from 8.00 a.m. on 2 December
Application has been made for the Rights Issue Shares to be admitted to trading
on AIM. Admission is expected to occur and dealings in such shares, nil-paid,
are expected to begin at 8.00 a.m. on 2 December 2003.
The latest time and date for acceptance and payment in full for Rights Issue
Shares pursuant to the Rights Issue is 9.30 a.m. on 24 December 2003.
Universe Group plc
Ray Mackie, Chief Executive 02380 689212
Charles Stanley & Co. Limited
Russell Cook/Peter Lilliott 020 7953 2000
This information is provided by RNS
The company news service from the London Stock Exchange GGXB