ME Group International PLC Publication of Annual Report and Accounts (4057R)
February 28 2023 - 12:51PM
UK Regulatory
TIDMMEGP
RNS Number : 4057R
ME Group International PLC
28 February 2023
28 February 2023
ME Group International plc
("the Company" or "the Group")
Publication of Annual Report and Accounts
ME Group International plc, the instant-service equipment group,
will today, Tuesday 28 February 2023, publish its annual report and
accounts for the financial year ended 31 October 2022 ("the Annual
Report").
The Annual Report will be available on the Company's website at
www.me-group.com .
The Annual Report will be posted to those shareholders and
persons with information rights who have not chosen to receive
electronic communication or communication through the Company's
website.
As a result, the Company's Annual Results are now expected to be
announced by RNS on 1 March 2023.
Enquiries:
ME Group International plc ir@me-group.com
Stéphane Gibon, CFO
me-group@hudsonsandler.com
Hudson Sandler
Wendy Baker / Nick Moore
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 20 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
The Group entered the self-service fresh fruit juice equipment
market in April 2019, with the acquisition of Sempa, and the
acquisition of SGER (Resto'clock) in June 2021, a French Pizza
vending equipment company for the self-service food equipment
market. Feed.ME will become a key business area - alongside
photobooths and identification (Photo.ME), laundry (Wash.ME), and
printing kiosks (Print.ME) - and is a significant part of the
Group's future growth strategy.
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 ME Group
International plc. The Group pays the site owner a commission based
on turnover, which varies depending on the country, location and
type of the 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), public transport hubs, and administration
buildings (City Halls, Police etc.). Equipment is maintained and
serviced by an established network of 650 field engineers.
In August 2022, the Group changed its name from Photo-Me
International plc to ME Group International plc to better reflect
the Group's diversification focus and business strategy.
ME Group'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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