Photo-Me International PLC Share price movement (8611U)
23 January 2017 - 11:35PM
UK Regulatory
TIDMPHTM
RNS Number : 8611U
Photo-Me International PLC
23 January 2017
23 January 2017
Photo-Me International plc
Share price movement
Photo-Me notes the movement in its share price following media
comment regarding photo ID regulations in the United Kingdom.
The Company confirms it has continued to trade in line with its
expectation since its interim results announced on 9 December
2016.
The Company believes its latest technology represents a major
growth opportunity as the most secure photo ID solutions available
and that accepting photos from mobile phones for official documents
is incompatible with developing security requirements.
Photo-Me's solutions have been adopted by ANTS (Agence Nationale
des Titres Sécurisés, a national agency linked to the French
Ministry of Transport and issuing secured official personal
documents) as well as by the Ministry of Foreign Affairs and Trade
in the Republic of Ireland where trials are underway for photobooth
secure online passport applications. Furthermore, it is currently
in ongoing discussions with Her Majesty's Passport Office in order
to equip its photobooths in the United Kingdom with the technology
used in France.
Enquiries:
Hudson Sandler (Financial
PR) +44 (0) 20 7796 4133
Wendy Baker/ Emily Dillon
About Photo-Me
Photo-Me operates a wide range of instant service equipment.
With 45,500 vending locations in 17 countries (primarily the UK,
France and Japan), Photo-Me is the world's leading operator of
photobooths, with 27,600 sited. The Group operates a diverse range
of vending equipment, including digital printing kiosks, laundry
machines, children's rides and amusement machines, in the most
sought-after locations around the world.
Photo-Me sells a range of photo-processing equipment including
photobook makers and digital printing kiosks.
The Company's shares have been fully-listed on the London Stock
Exchange since 1962.
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 23, 2017 07:35 ET (12:35 GMT)
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