Universe Announces New Contract Signed
Friday 13th November 2009
Further to the announcement released on 28 October 2009, Universe is pleased to announce that the contract to supply a range of petrol forecourt services (the "New Contract") to a large UK supermarket chain (the "Customer") has been signed.
The New Contract includes the provision of both existing and supplemental services for a period of up to 5 years. It will increase recurring revenues materially from this existing customer and provide opportunities for further equipment roll-outs for the Group for the duration of the agreement. The Customer will continue to represent the showcase account for the Company's Petrol Forecourt Services division.
For further information, please contact:
Universe PLC - John Scholes, Chairman or Paul Cooper, Chief Executive T: 02380 689 510
Arbuthnot Securities (Nominated Advisor) - Tom Griffiths T: 02070 122 000
Tavistock Communications - John West or Andrew Dunn T: 02079 203 150