Universe Group PLC

("Universe" or the "Company")

Issue of Shares, Exercise of Options and Total Voting Rights

Universe announces that application has been made for the admission to trading on AIM ("Admission") of a total of 7,234,224 new ordinary shares of 1p each ("Ordinary Shares") (the "Issue"). The new Ordinary Shares issued comprise 6,438,632 Ordinary Shares issued to the former shareholders of Indigo Retail Holdings Limited ("Indigo"), in satisfaction of £400,000 of deferred consideration due following the acquisition of Indigo in May 2013, and 795,592 Ordinary Shares issued following an exercise of options. These new Ordinary Shares will rank pari passu with  the Company's existing Ordinary Shares and their admission is expected to be effective on 9 June 2014.

Following the Exercise, a total of 18,125,000 options (representing approximately 8.2 per cent. of the Company's enlarged issued share capital) remain outstanding.

The Company advises that, following the issue of the new Ordinary Shares pursuant to the Issue as set out above, the Company's issued share capital is 220,281,758 Ordinary Shares. The above figure of 220,281,758 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Contacts:

Universe Group PLC            

Robert Goddard, Chairman        

Jeremy Lewis, Chief Executive

Tel: 02380 689 510

finnCap (Nominated Adviser & Broker)      

Stuart Andrews / Henrik Persson (Corporate Finance)

Tony Quirke  (Corporate Broking)

Tel: 020 7220 0500


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