Photo-Me International PLC Relationship Agreement (0021U)
28 Julho 2022 - 03:00AM
UK Regulatory
TIDMPHTM
RNS Number : 0021U
Photo-Me International PLC
28 July 2022
28 July 2022
Photo-Me International plc
("Photo-Me", "the Company" or "the Group")
Relationship Agreement
Photo-Me International plc (PHTM.L), the instant-service
equipment group, announces that in accordance with LR 9.2.2AD R it
has entered into a relationship agreement with Tibergest PTE Ltd
("Tibergest"), a company owned and controlled by Mr Serge
Crasnianski, CEO and Deputy Chairman of Photo-Me.
Under the Listing Rules, a relationship agreement is required to
be in effect because Tibergest is a controlling shareholder and
holds more than 30 per cent of the issued share capital of
Photo-Me.
Mr Crasnianski and persons closely associated with him have an
interest in 137,866,791 Ordinary Shares of 0.5 pence of Photo-Me,
representing 36.47 per cent of the issued share capital of the
Company. The total number of voting rights in the Company is
378,011,637.
END
Enquiries:
Photo-Me International plc Tel: + 44 (0) 1372 453 399
Email: ir@photo-me.co.uk
Hudson Sandler Tel: +44 (0) 20 7796 4133
Wendy Baker/Charlotte Cobb/Nick Email: photo-me@hudsonsandler.com
Moore
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 vending units across 20 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
The Group entered the self-service fresh fruit juice equipment
market in April 2019, with the acquisition of Sempa, and the
acquisition of SGER (Resto'clock) in June 2021, a French Pizza
vending equipment company for the self-service food equipment
market. Feed.ME will become a key business area - alongside
photobooths and identification (Photo.ME), laundry (Wash.ME), and
printing kiosks (Print.ME) - and is a significant part of the
Group's future growth strategy.
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 Photo-Me
International plc. The Group pays the site owner a commission based
on turnover, which varies depending on the country, location and
the type 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), public transport hubs, and administration
buildings (City Halls, Police etc.). Equipment is maintained and
serviced by an established network of 650 field engineers.
The Company's shares have been listed on the London Stock
Exchange since 1962.
ME Group is a trademark and trading name of Photo-Me
International plc.
www.me-group.com
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END
AGRPPUGAMUPPPUM
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July 28, 2022 02:00 ET (06:00 GMT)
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