GUSC.L Regulatory News (GUSC)

8 September 2014 Talent Group PLC ("Talent" or the "Company" or the "Group) Result of Meetings Further to the announcement dated 12 August 2014, the Company announces that atthe annual general meeting and the general meeting of the Company held earliertoday, all resolutions were duly passed, including the resolution to effect acapital reorganisation on the following basis: a. the Existing Ordinary Shares of 1p each will be consolidated into ordinary shares of 13p each at a ratio of 13 Existing Ordinary Shares for every 1 new ordinary share of 13p each; and b. each of the new ordinary shares of 13p each will then be subdivided into and reclassified as one New Ordinary Share (being an ordinary share in the capital of the Company with a nominal value of 0.1p each) and one New Deferred Share (being a B deferred share in the capital of the Company of 12.9p nominal value). The necessary resolutions granting authorities to the Company to allot anddisapply pre-emption rights were passed, including those permitting theauthority to allot 1,694,911 New Ordinary Shares (with 1,694,911 SubscriptionWarrants attached) in accordance with the Subscription to raise £50,000. In addition, the resolutions also approved, amongst other things: the disposalsof Talent South and Talent Holdings; the new Investing Policy; and the changeof name to Guscio PLC. Application will shortly be made to the Stock Exchangefor the change of name to Guscio PLC and change of ticker from TTV to GUSC.This is expected to occur on 10 September 2014. For the purposes of AIM Rule 26 the Company's website address will be changedto www.Guscioplc.com upon Admission. It is expected that Admission will become effective and dealings in theEnlarged Issued Ordinary Share Capital will commence on 9 September 2014. Following the Subscription and Admission, the Company will have 3,384,163 NewOrdinary Shares in issue and admitted to trading on AIM. Board changes Following Admission, Marcus Yeoman will join the Board. Terry Bate has resignedfrom the board as has Kate Beal, Stephen Callen, George Kynoch and Bob Benton.Tony Humphreys will remain on the Board. Following Admission, the New Boardwill consist of Tony Humphreys and Marcus Yeoman. Marcus Yeoman (proposed Director), aged 51, is a non-Executive Director ofReach4entertainment Enterprises Plc, 1 Spatial Plc and Enables IT PLC. He isalso a non-executive director of a number of private companies which haveengaged him principally to assist them with their growth strategies. His earlycareer started with the formation of three companies in IT infrastructure anddistribution, after which he moved into small company broking and corporatework with Rathbone Stockbrokers Limited and Cheviot Capital (Nominees) Limited.In 2003, Marcus established Springtime Consultants Ltd and has been acting as aconsultant or non-executive director to a number of listed companies and SMEventures. Further details in relation to Marcus Yeoman are set out below. The definitions used in this announcement as the same as those set out in theannouncement dated 12 August 2014. FURTHER ENQUIRIES Talent Group PLCTony Humphreys (Managing Director) 020 3053 1897 Sanlam Securities UK LimitedSimon Clements / Virginia Bull 020 7628 2200 Under Schedule 2, paragraph (g) of the AIM Rules, the following information isdisclosed: Mr Marcus Yeoman, aged 51, has been a director and partner of the followingcompanies and partnerships in the last five years: Current directorships/partnerships Past directorships/partnerships Springtime Consultants Limited Secora Limited Storyboard Assets plc South American Mineral Exploration Limited1Spacial plc Wealth rapport LimitedReach4Entertainment Enterprises plc Green Growth Capital plcEnables IT Group plc PB1234 LimitedR4E Limited Ness Trade LimitedMetal Pig Limited CC123 LimitedOne Line Films Limited Milamber Ventures plc Concha plc The Big Yum Limited Crumpet Cashmere Limited Frontier IP Group plc Diamond Lifestyle Holdings plc Powamatique Limited Enables IT Limited Starnevesse Limited Agent Morton Limited Twin Flame Media Limited Mr Yeoman was a director of Westgolf (UK) Limited until 30 November 2002.Westgolf Limited was dissolved on 3 August with a deficiency to creditors of £938,267. Mr Yeoman currently holds 125,000 Ordinary Shares in the Company, equivalent to0.57 per cent of its issued share capital. Following Admission, Mr Yeoman willhold 179,106 New Ordinary Shares in the Company, equivalent to 5.29 per cent ofthe Enlarged Issued Share Capital. In addition, from Admission Mr Yeoman willalso hold 507,907 Warrants over New Ordinary Shares in the Company. Mr Yeoman has confirmed that there is no additional information to be disclosedin accordance with Schedule 2, paragraph (g) of the AIM rules.