ME Group International Updates Share Capital and Voting Rights

An update from ME Group International ( (GB:MEGP) ) is now available.

ME Group International PLC announced that its issued share capital consists of 377,098,336 ordinary shares, with an equal number of voting rights. This update, in line with the FCA’s Disclosure Guidance and Transparency Rules, informs shareholders about the denominator for calculating their interest in the company. The announcement underscores the company’s commitment to transparency and regulatory compliance, potentially impacting shareholder engagement and market perception.

The most recent analyst rating on (GB:MEGP) stock is a Buy with a £235.00 price target. To see the full list of analyst forecasts on ME Group International stock, see the GB:MEGP Stock Forecast page.

Spark’s Take on GB:MEGP Stock

According to Spark, TipRanks’ AI Analyst, GB:MEGP is a Outperform.

ME Group International’s strong financial performance and strategic corporate events are the primary drivers of the stock score. The technical analysis supports a positive outlook, while valuation metrics indicate reasonable pricing with attractive dividends.

To see Spark’s full report on GB:MEGP stock, click here.

More about ME Group International

ME Group International PLC is a leading provider of automated self-service equipment targeting the consumer market. Operating across 18 countries in regions such as Continental Europe, the UK & Republic of Ireland, and Asia Pacific, the company offers a range of instant-service vending equipment. Its core activities include photobooths and biometric identification solutions under Photo.ME, and unattended laundry services through Wash.ME. Ancillary services include digital printing kiosks, foodservice vending, children’s rides, and photocopier services. ME Group has established partnerships with major site owners in high-footfall locations, enhancing its market presence.

Average Trading Volume: 426,248

Technical Sentiment Signal: Strong Buy

Current Market Cap: £808.4M

See more data about MEGP stock on TipRanks’ Stock Analysis page.