UK, Epsom—ME Group International plc (LON: MEGP), the instant-service equipment group, announced the appointment of René Proglio, the current independent non-executive director and chair of the audit committee, as the new Senior Independent Director effective 30 November 2024. Proglio will succeed Manoli Olympitis, who will step down from the Board at that date.
About ME Group International
ME Group International plc operates, sells, and services a wide range of instant-service vending equipment, primarily for the consumer market.
The Group 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 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 the Group. The Group pays the site owner a commission based on turnover, which varies depending on the country, location, and the type of 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), 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 Group’s diversification focus and business strategy.
The Company’s shares have been listed on the London Stock Exchange since 1962.
For more information: https://me-group.com/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.