Universe Group (AIM:UNG) major contract win pushes the shares higher
The developer and supplier of point of sale, payment and on-line loyalty systems has announced a major contract win pushing the shares higher.This story seems to be developing nicely
Universe provides some of the world’s leading retailers, particularly in the petrol forecourt and convenience store markets, with point of sale, payment and loyalty solutions. 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 with its datacentres processing in excess of 3 billion transactions every year. The contract is with Conviviality Retail Plc, the UK’s largest franchised off-licence and convenience store chain that is in the process of completing the acquisition of Matthew Clark (Holdings) Limited. The contract covers the supply and maintenance of a…