23 June 2020

RNS ANNOUNCEMENT: The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

UniVision Engineering Limited

("UniVision", the "Company" or the "Group")

Directorate changes

UniVision appoints two new Executive Directors 

UniVision (AIM: UVEL), the Hong Kong based group whose principal activities are the supply, design, installation and maintenance of closed-circuit television ("CCTV") and surveillance systems, and the sale of security related products, announces that it has appointed two new executive directors to the UniVision Board.

The Company is pleased to announce that LI Keung Hung (also known as Edward Li) and CHAN Chi Hung (also known as Ivan Chan), will both be appointed as Executive Directors with effect from 24 June 2020.

Edward Li started his career as a Project Manager with UniVision in 1991, spending nine years with the Company before leaving to work in a number of other project management roles in Hong Kong in engineering, focusing on transport and CCTV, including a number of significant projects relating to the Hong Kong MTR.  Edward re-joined UniVision in March 2017 as a Senior Project Manager to manage the Group's major long-term contract to replace the CCTV system on the Hong Kong MTR. On his appointment to the Board, Mr Li will serve as the Company's Projects Director.

Ivan Chan has worked for UniVision since 1996 in various roles starting in quality control, testing, maintenance and then as an engineer.  Since 2004, he has held various management positions within the Sales and Marketing team, assuming the role of Chief Operations Officer in November 2019.  On his appointment to the Board, Mr Chan will serve as the Company's Chief Operations Officer.

Stephen Koo, Chairman commented:

"I am delighted to welcome both Edward and Ivan to the Board of UniVision.  Both have been with, and known, the Group for many years and have held senior management roles within the business.  Their promotions to the Board demonstrate a clear development path for committed and hard-working members of our team to make it to the top of the Group and I look forward to working with them both as we try to take UniVision forward and build on our recent successes, and in particular our long-term contract with MTR.

Additional disclosure information

Save for the information in this announcement, there are no further disclosures to be made in accordance with Schedule Two (g) of the AIM Rules for Companies in respect of the appointments of Edward Li and Ivan Chan.

Edward Li does not have any direct and indirect interest in the issued share capital of the Company.

Ivan Chan does not have any direct and indirect interest in the issued share capital of the Company.

For further information visit www.uvel.com or contact:

Nick Emerson