Notice of Trading Update

ME Group International PLC

15 November 2023

 

15 November 2023

ME Group International plc

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

Notice of Trading Update

ME Group International plc (LSE: MEGP), the instant-service equipment group, will announce a trading update for the 12 months ended 31 October 2023 on Thursday 30 November 2023.

Enquiries:

ME Group International plc	[phone] ir@[e-mail]
Serge Crasnianski, CEO
Stéphane Gibon, CFO
Hudson Sandler Wendy Baker / Nick Moore	[phone] [e-mail]

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 19 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

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 the Group. The Group pays the site owner a commission based on turnover, which varies depending on the country, location and the type of 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), transport hubs, and administration buildings (City Halls, Police etc.). Equipment is maintained and serviced by an established network of more than 650 field engineers.

In August 2022 the Company changed its listed entity name to ME Group International plc (previously Photo-Me International plc) to better reflect the Group's diversification focus and business strategy.

The Company's shares have been listed on the London Stock Exchange since 1962.

For further information: www.me-group.com

 

END