AGM Statement (0988G)

TIDMUNG

RNS Number : 0988G

Universe Group PLC

26 June 2012

AIM: UNG

UNIVERSE GROUP PLC

("Universe" or "the Group")

AGM Statement

Universe, which develops and supplies leading payment and on-line loyalty systems, will be holding its Annual General Meeting later today and Chairman, Robert Goddard, will make the following statement,

"As previously reported, the year to 31 December 2011 was a year of change for Universe. Under the new management team, Universe was restructured and reorganised in line with a new three year growth plan. We now enter the second year with a more efficient structure and customer-led focus.

I am pleased to report that trading in the new financial year to date is ahead of the comparable period last year and in line with market expectations. We continue to view the Group's prospects positively. A key objective for the year is to complete our product enhancement programme, which will open up new opportunities for us with both existing and new customers.

I look forward to providing a further update on the Group's progress in due course."

Enquiries:

 
 Universe Group plc         T: 02380 689510 
 Robert Goddard, Chairman 
 Stephen McLeod, Chief 
  Executive 
 
 finnCap                    T: 020 7220 0500 
 Stuart Andrews 
 Simon Starr 
 
 Biddicks                   T: 020 3178 6378 
 Katie Tzouliadis 
 Sophie McNulty

This information is provided by RNS

The company news service from the London Stock Exchange

END

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