Publication of Annual Report 2018

RNS Number : 3280X

Photo-Me International PLC

09 August 2018

 

9 August 2018

Photo-Me International plc
('Photo‐Me', 'the Company' or 'the Group')

Publication of Annual Report 2018 

Further to its Annual Results announcement issued on 10 July 2018, Photo-Me, the instant-service equipment group, announces that it has today made available to shareholders the Annual Report for the financial year ended 30 April 2018.

Copies of the Annual Report will shortly be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/nsm. 

The Annual Report is also available on the Company's website at http://photo-me.com/investor-relations/ and from the Company's Registered Office at Unit 3B Blenheim Road, Epsom, Surrey KT19 9AP.

The Company also announces that its Annual General Meeting will be held at the offices of Hudson Sandler LLP, 25 Charterhouse Square, London, EC1M 6AE, on Wednesday, 24 October 2018 at 2:00 p.m. The Notice of Annual General Meeting will be sent to shareholders in September 2018.

Enquiries:

Photo-Me International plc
Del Mansi, Company Secretary	[phone]
Hudson Sandler
Wendy Baker/ Emily Dillon/ Nick Moore	[phone]

Notes to Editors

Photo-Me International plc (LSE: PHTM) operates, sells and services a wide range of instant-service vending equipment, primarily aimed at the consumer market.

The Group operates approximately 47,000 vending units across 18 countries and its technological innovation is focused on three principal areas:

·     Identification: photobooths and integrated biometric identification solutions

·     Laundry: unattended laundry services, launderettes, B2B services

·     Kiosks: high-quality digital printing

In addition, the Group operates vending equipment such as children's rides, amusement machines and business service equipment.

Whilst the Group both sells and services this equipment, the vast majority of units are operated and maintained by Photo-Me. Photo-Me pays the site owner a commission based on turnover, which varies depending on the country and location 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) and public transport venues. The equipment is maintained and serviced by an established network of 700 field engineers.

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

 

END

 

 

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