Universe Group PLC Directorate Change (0256S)
March 12 2021 - 1:00AM
UK Regulatory
TIDMUNG
RNS Number : 0256S
Universe Group PLC
12 March 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
12 March 2021
AIM: UNG.L
Universe Group plc
("Universe", the "Company" or the "Group")
Appointment of CEO
Universe Group plc (AIM: UNG.L), a leading developer and
supplier of retail management solutions, payment and loyalty
systems, is pleased to announce the appointment of Neil Radley as
the Company's new Chief Executive Officer. Neil will formally join
the Group on 1 May 2021.
As a technology focused CEO, Neil also brings considerable
experience in growing international businesses, with a particular
focus on retail and commercial financial services that is highly
complementary to the Group's product and customer portfolio. Most
recently, Neil led Jaja Finance Limited, a fintech lending
business, raising funds and making a GBP530m acquisition within a
year of launch. He has acted as director and adviser to a range of
private equity backed businesses and served in a range of senior
management roles across Barclaycard, HBOS plc and Bank One
International both in the UK and mainland Europe. He qualified as a
chartered accountant with Price Waterhouse.
Andrew Blayze, Executive Chairman, commented: "I am delighted to
welcome Neil to the team and look forward to the growth of the
Company under his leadership. He brings tremendous strategic,
M&A and finance experience from a range of positions across our
markets, particularly the highly regulated and technically complex
payments space, that will develop on the foundations that have been
built in recent years."
Neil Andrew Radley, aged 57, is currently a director of Jaja
Finance Limited, Jaja Finance (Holding) Limited, Dragonpay Limited,
Jaja Finance (Investco) Limited (he will resign as a director of
each of these companies prior to taking up his role at Universe)
and of Lakeside NAR Limited. He has previously in the last five
years been a director Jaja Finance Holdings AS, Iliad Payment
Systems Limited, and Invapay Payment Solutions Limited. There is no
other information to disclose regarding Mr Radley pursuant to
Schedule 2(g) of the AIM Rules for Companies.
For further information:
Universe Group plc Tel: +44 2380 689 510
Andrew Blazye, Executive
Chairman Jeremy Lewis, Chief
Executive Officer
Carmel Warren, Chief Financial
Officer Tel: +44 20 7220 0500
finnCap
Henrik Persson (Corporate
Finance)
Matthew Radley (Corporate Tel: +44 20 3934 6630
Finance)
Richard Chambers (ECM)
IFC Advisory
Tim Metcalfe
Graham Herring
Florence Chandler
About Universe Group plc:
Universe provides some of the world's leading retailers with
retail management solutions, 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
processing over 20 billion transactions every year. For further
information, please see www.universe-group.co.uk
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END
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