TIDMUNG

RNS Number : 0016D

Universe Group PLC

24 June 2021

Universe Group plc

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

Director Dealing

Universe Group plc (AIM: UNG.L), a leading developer and supplier of point of sale, payment and loyalty systems announces that Andrew Blazye, Executive Chairman, has today acquired 22,842,785 ordinary shares of the Company ("Ordinary Shares") at a price of 5 pence per Ordinary Share. Subsequent to this purchase, Mr Blazye has a holding of 23,142,785 Ordinary Shares representing 8.86% of the Company's issued share capital.

These Ordinary Shares were acquired from Darragh Fanning (being the ultimate beneficial owner of Astralflair Limited). Darragh was the founder of Celtech, which was acquired by Universe in April 2019, and remained in a senior executive role within the Group overseeing the integration and operations of Celtech. Darragh leaves the Group to pursue other business interests with the Board's sincere gratitude for his personal contribution to the Group and best wishes for the future.

For further information

Universe Group plc T: +44 2380 689 510

Andrew Blazye, Executive Chairman

Neil Radley, Chief Executive Officer

Adrian Wilding, Chief Financial Officer

finnCap T: +44 20 7220 0500

Henrik Persson / Seamus Fricker (Corporate Finance)

Richard Chambers (ECM)

IFC Advisory T: +44 20 3934 6630

Tim Metcalfe

Florence Chandler

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

About Universe Group plc:

Universe provides some of the world's leading retailers with point of sale, 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 6 billion transactions every year. For further information, please see ww w .universe-group.co.uk

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                   Andrew Blazye 
     --------------------------------------  ------------------------------- 
 1.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                        Executive Chairman 
     --------------------------------------  ------------------------------- 
 b)   Initial notification/Amendment:         Initial notification 
     --------------------------------------  ------------------------------- 
 2.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name:                                   Universe Group plc 
     --------------------------------------  ------------------------------- 
 b)   LEI:                                    213800YEBEDVKK4EDE08 
     --------------------------------------  ------------------------------- 
 3.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ----------------------------------------------------------------------- 
 a)   Description of the financial            Ordinary shares of 1 penny 
       instrument, type of instrument:         each ("Ordinary Shares") 
       Identification code:                    GB0009483594 
     --------------------------------------  ------------------------------- 
 b)   Nature of the transaction:              Purchase of Ordinary Shares 
     --------------------------------------  ------------------------------- 
 c)   Price(s) and volume(s):                   Price(s)      Volume(s) 
                                                 5.00 pence    22,842,785 
                                                              ----------- 
     --------------------------------------  ------------------------------- 
 d)   Aggregated information:                 Single transaction as in 
        *    Aggregated volume:                4 c) above 
 
 
        *    Price: 
     --------------------------------------  ------------------------------- 
 e)   Date of the transaction:                24/06/2021 
     --------------------------------------  ------------------------------- 
 f)   Place of the transaction:               AIM, London Stock Exchange 
                                               (XLON) 
     --------------------------------------  ------------------------------- 
 

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END

DSHEANKLASEFEEA

(END) Dow Jones Newswires

June 24, 2021 05:52 ET (09:52 GMT)

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