Universe Group PLC Result of EGM (1910K)

TIDMUNG

RNS Number : 1910K

Universe Group PLC

16 August 2012

AIM: UNG

Universe Group PLC

("Universe" or the "Company")

Result of Extraordinary General Meeting

Universe, which develops and supplies leading payment and on-line loyalty systems, is pleased to announce that all of the resolutions proposed at today's Extraordinary General Meeting relating to the Placing and Share Capital Reorganisation, announced on 24 July 2012, were passed.

Application has been made for the 72,826,087 Placing Shares to be admitted to trading on AIM and it is expected that Admission will occur on 17 August 2012. In addition, the 114,704,539 New Ordinary Shares resulting from the split of the Existing Ordinary Shares into one New Ordinary Share and one Deferred Share are expected to be admitted to trading at the same time.

The proxy votes cast before the Extraordinary General Meeting were as follows:

 
 Resolution                    For      Chairman's        Against      Withheld 
                                         discretion 
-----------  -----------------------  --------------  --------------  --------- 
                     Number        %   Number      %   Number      %     Number 
-----------  --------------  -------  -------  -----  -------  -----  --------- 
 
 1               55,462,982    99.83   15,920   0.03   75,797   0.14      2,150 
-----------  --------------  -------  -------  -----  -------  -----  --------- 
 2               55,454,109    99.82   15,792   0.03   82,688   0.15      4,260 
-----------  --------------  -------  -------  -----  -------  -----  --------- 
 3               55,463,794    99.84   15,998   0.03   74,453   0.13      2,604 
-----------  --------------  -------  -------  -----  -------  -----  --------- 
 4               55,456,616    99.83   15,854   0.03   79,341   0.14      5,038 
-----------  --------------  -------  -------  -----  -------  -----  --------- 
 5               55,482,427    99.87   15,854   0.03   52,810   0.10      5,758 
-----------  --------------  -------  -------  -----  -------  -----  ---------

The total number of New Ordinary Shares in issue following Admission will be 187,530,626 with each New Ordinary Share carrying the right to one vote. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

Unless otherwise stated terms and expressions used in this announcement have the same meaning as those in the circular posted to shareholders on 24 July 2012

Enquiries:

 
 Universe Group plc         T: 02380 689510 
 Robert Goddard, Chairman 
 Stephen McLeod, Chief 
  Executive 
 
 finnCap Limited            T: 020 7220 0500 
 Stuart Andrews / Henrik 
  Persson 
 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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