Publication of Annual Report and Accounts

ME Group International PLC

28 February 2024

 

28 February 2024

ME Group International plc

("the Company")

Publication of Annual Report and Accounts

ME Group International plc, the instant-service equipment group, announces that it has published its annual report and accounts for the financial year ended 31 October 2023 ("the Annual Report").

The Annual Report is available on the Company's website at www.me-group.com. The report will be posted to those shareholders who have chosen not to receive electronic communication or communication through the Company's website. 

A copy of the Annual Report will also be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism   

Enquiries:

ME Group International plc Del Mansi, Company Secretary	[e-mail]
Hudson Sandler Wendy Baker / Nick Moore	[e-mail]

NOTES TO EDITORS

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 Company operates vending units across 18 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 Company operates other vending equipment such as children's rides, amusement machines, and business service equipment.

Whilst the Company both sells and services this equipment, the majority of units are owned, operated and maintained by the Company. The Company pays the site owner a commission based on turnover, which varies depending on the country, location and the type of machine.

The Company 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 Company'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