TIDMMEGP

RNS Number : 0187Z

ME Group International PLC

09 January 2024

09 January 2024

ME GROUP INTERNATIONAL PLC

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

Transaction in Own Shares and Total Voting Rights

ME Group announces that, in accordance with the terms of its share buyback programme announced on 18 August 2023 (the "Buyback Programme"), the Group has purchased the following number of ME Group International plc ordinary shares of 0.5p each (the "Ordinary Shares").

 
 Date of purchase                08 January 2024 
 Aggregate number of Ordinary 
  Shares purchased:              54,313 
                                ---------------- 
 Highest price paid per share 
  (GBP):                         1.28 
                                ---------------- 
 Lowest price paid per share 
  (GBP):                         1.28 
                                ---------------- 
 Volume weighted average 
  price paid (GBP):              1.28 
                                ----------------

The purchased Ordinary Shares will be held by the Company in treasury. Following the purchase of these shares, the Company will have 376,855,116 Ordinary Shares in issue (not including treasury shares). The total number of Ordinary Shares held by the Company in treasury is 1,599,763, which attract no voting rights whilst so held.

The total number of voting rights in the Company, excluding treasury shares as of today is 376,855,116. This figure may be used by shareholders (and others with notification obligations) 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.

Since the announcement of the Buyback Programme on 18 August 2023, ME Group has purchased 1,599,763 Ordinary Shares in aggregate, all of which are held in treasury.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Cavendish Securities plc on behalf of the Company as part of the Buyback Programme.

Aggregate information

 
Date         Trading Venue   Volume weighted      Aggregate volume 
                              average price paid 
                              per share(GBP): 
08/01/2024        XLON              1.28               54,313 
             --------------  -------------------  ----------------

Individual Transactions

 
Number of ordinary  Transaction       Time of transaction  Transaction reference  Trading 
 shares purchased    price             (UK Time)            number                 venue 
                     per share(GBX): 
      54,313             127.85              16:35           00006097320TRLO1      XLON 
                    ----------------  -------------------  ---------------------  -------

ENQUIRIES:

 
 ME Group International plc          +44 (0) 1372 453 399 
 Del Mansi, Company Secretary 
 
 
 Hudson Sandler                      +44 (0) 20 7796 4133 
  Wendy Baker / Nick Moore            me-group@hudsonsandler.com

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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END

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January 09, 2024 02:00 ET (07:00 GMT)

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