TIDMUNG

RNS Number : 8459B

Universe Group PLC

13 October 2020

13 October 2020

AIM: UNG.L

Universe Group plc

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

Appointment of interim CFO

Universe Group plc (AIM: UNG.L), a leading developer and supplier of retail management solutions, payment and loyalty systems, is pleased to announce the appointment with immediate effect of Carmel Warren as interim Chief Financial Officer for an initial period of six months. Daryl Paton will remain with the Company until 1 November 2020 to ensure a smooth handover. Carmel will not join the Group's board of directors.

Carmel is an experienced public company finance director, having most recently acted as CFO of D4t4 Solutions plc, the AIM quoted data analytics business, and prior to that was CFO of Celebrus Technologies Ltd, a customer intelligence software company. Carmel previously spent eleven years with ExxonMobil and qualified as an accountant with EY.

The process to appoint a permanent Chief Financial Officer is continuing and a further update will be provided in due course.

For further information:

 
  Universe Group plc               Tel: +44 2380 689 510 
   Andrew Blazye, Non-Executive 
   Chairman Jeremy Lewis, Chief 
   Executive Officer 
 
   finnCap                          Tel: +44 20 7220 0500 
   Henrik Persson (Corporate 
   Finance) 
   Matthew Radley (Corporate 
   Finance) 
   Richard Chambers (ECM)           Tel: +44 20 3934 6630 
 
   IFC Advisory 
   Tim Metcalfe 
   Graham Herring 
   Florence Chandler

About Universe Group plc:

Universe provides some of the world's leading retailers with retail management solutions, payment and loyalty systems. 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 centers processing over 15 billion transactions every year. For further information, please see www.universe-group.co.uk

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October 13, 2020 02:00 ET (06:00 GMT)

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