MJH.L Regulatory News (MJH)

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

Annual Report, Notice of AGM and Additional Disclosure Information

MJ Hudson Group plc (AIM:MJH), the international asset management consultancy, announces that its Annual Report and Accounts for the year to 30 June 2020 (the "Annual Report") and notice of the Company's Annual General Meeting ("Notice of AGM") are being posted to shareholders today. Electronic copies of both the Annual Report and the Notice of AGM are available on the Company's website at www.mjhudson.com/investors

The AGM is to be held at Forum 4, Grenville Street, St. Helier, Jersey JE4 8TQ on Thursday 10 December 2020 at 14:00 (the "AGM").

Attendance at the AGM and Impact of Covid-19

The Directors are monitoring relevant government advice relating to COVID-19 and compulsory social distancing measures ("Social Distancing Measures"). The Directors propose that the AGM will be attended by only two shareholders (one of whom shall be a Director) in person (adhering to Social Distancing Measures). Shareholders who travel to the meeting will not be admitted and are therefore advised not to travel to the AGM.

The Directors also request that Shareholders vote in advance of the AGM either electronically by logging onto www.signalshares.com or via CREST or by post by completing and returning the Form of Proxy as soon as possible and in any event to arrive not later than 15:00 on Tuesday 8 December 2020. The resolutions set out in the Notice of AGM will be voted on by way of a poll. All valid proxy votes (whether submitted electronically or in hard copy form) will be included in the poll to be taken at the meeting. The results of the AGM will be published on the Investor Relations section of the Company's website as soon as practicable after the AGM. Notwithstanding the Social Distancing Measures, the Directors recognise the importance of the AGM as an opportunity for Shareholders to communicate with the Directors. Shareholders are therefore encouraged to submit questions, no later than 4 days prior to the AGM, via email to the Company's General Counsel at guy.grayson@mjhudson.com. The Company will endeavour to publish these questions, and the Company's responses, also on the Investor Relations section of the Company's website as soon as practicable after the AGM.

Although this is not the way the Company intends to hold its AGM in normal circumstances, the Board considers that given the Social Distancing Measures currently in force and in light of the latest published guidance from the States of Jersey and UK Government, proceeding with an AGM in the format described above is in the best interests not only of the Company, but also of each of its individual Shareholders.

Additional disclosure under AIM Rule 19

The Group disclosed in its AIM Admission Document the details of a collective subscription agreement for 1,070,250 new shares in aggregate, dated 9 December 2019, between the Company, Matthew Hudson and others. Of these, 659,191 ordinary shares were subscribed by Matthew Hudson partly paid. This subscription formed part of the fundraising related to the Company´s admission to AIM on 12 December 2019 and, alongside other investors in the Company at the time of the IPO, was undertaken at the agreed placing price of 57p. Although reflected in the information given in the Annual Report, this agreement is not explicitly identified in the Annual Report as a related party transaction as required by the terms of AIM Rule 19. For the sake of investor clarity, we repeat the details here and confirm that, in so far as it involved Matthew Hudson, it was a related party transaction between the Company and its CEO. The Admission Document, which at the time of the IPO contained disclosure of this item as a related party transaction at paragraph 8.3 on Page 119, is available on the Company´s website at www.mjhudson.com/investors

Additional disclosure of related party transaction

The Group has disclosed in the Annual Report that, in the months prior to the Group´s admission to AIM, a loan was extended to the CEO, Matthew Hudson, for an amount equal to £462,000. This loan was made to facilitate his purchase of shares in the Company issued to a vendor, in connection with an acquisition made by the Group in 2014. The loan represented less than 1.3% of total Company assets and is expected to be repaid in full. The loan transaction had a neutral impact on the Group´s net assets. The details of these arrangements, however, had not been previously disclosed in the Company´s Admission Document as a related party transaction as required under the AIM Rules.

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About MJ Hudson

MJ Hudson, the international asset management consultancy, provides legal services, outsourcing, analytics and complementary advice and support to fund managers, investors and their counterparties, together forming an end-to-end platform of services to asset management.

From its offices across Europe's major asset management centres and North America, MJ Hudson's team of 180 professionals works in all alternative and traditional asset classes, including private equity, venture capital, hedge funds, real estate, infrastructure, energy, private credit and the equity and debt capital markets.

The firm was admitted to the AIM market of the London Stock Exchange on 12 December 2019 and trades under the MJH.L symbol.