Universe Group PLC BOARD CHANGES (7671R)
26 September 2017 - 4:02PM
UK Regulatory
TIDMUNG
RNS Number : 7671R
Universe Group PLC
26 September 2017
26 September 2017
AIM: UNG.L
Universe Group plc
("Universe", the "Group" or the "Company")
BOARD CHANGES
Universe Group plc (AIM: UNG.L), a leading developer and
supplier of point of sale, payment and on-line loyalty systems,
announces, with immediate effect, the appointment of Andrew Blazye
as Non-Executive Chairman of the Group. Andrew joined the Board in
May 2015 as a Non-Executive Director.
Robert Goddard has decided to step down from his position as
Non-Executive Chairman and Director, a position he held for six
years, during which he was central to guiding the Group through its
turnaround and subsequent growth. This will allow him to pursue
other business interests.
Robert Goddard said:
"It has been rewarding and enjoyable to have worked with
Universe since 2011. During my tenure, we have refinanced,
repositioned and reinvigorated the Group with a new management
team. Our strong growth is testament to hard work by all, including
our advisers, in a highly competitive market. The time is right for
me to hand over the Chairmanship to Andrew whom I know is exactly
what the Board needs.
I am proud of what has been achieved and leave a business that
is much larger, stronger and healthier than when I joined. Stepping
aside now as Chairman will allow me time to focus on my many other
commitments. I wish all the Universe management, employees and
customers every success for what is set be a very bright
future."
Andrew Blazye commented:
"I would like to thank Robert for his great achievement in
bringing Universe to where it is today. His hard work and vision
have given us an enviable platform for further growth. I am very
much looking forward to working with Jeremy, our CEO of the last
four years and the rest of the management team, to take the Group
to the next level. These are exciting times for Universe and we
intend to take full advantage of every opportunity we see."
For further information:
Universe Group plc T: +44 2380 689 510
Andrew Blazye, Non-Executive Chairman
Jeremy Lewis, Chief Executive
finnCap T: +44 20 7220 0500
Stuart Andrews / Henrik Persson (Corporate
Finance)
Richard Chambers (Corporate Broking)
IFC Advisory T: +44 20 7652 9781
Tim Metcalfe
Heather Armstrong
About Universe Group plc:
Universe provides some of the world's leading retailers with
point of sale, payment and loyalty solutions. The Group's solutions
are based on its own proprietary software and are offered out of
the cloud on a software as a service model with its data centres
processing over 5 billion transactions every year. For further
information, please see www.universe-group.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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