26 May 2010 16:43
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Management Consulting Group Plc |
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||
|
An acquisition or disposal of voting rights | Yes | |
|
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | |
|
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |
|
An event changing the breakdown of voting rights | No | |
|
Other (please specify): |
| No |
| 3. Full name of person(s) subject to the notification obligation:
| Gartmore Investment Limited |
| 4. Full name of shareholder(s) (if different from 3.):
| See attached schedule |
| 5. Date of the transaction and date on which the threshold is crossed or reached:
| 21st May 2010 |
| 6. Date on which issuer notified:
| 25th May 2010 |
| 7. Threshold(s) that is/are crossed or reached:
| 21% |
| 8. Notified details: | |||||||
| A: Voting rights attached to shares
| |||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
| GB0001979029 | 66,286,657 | 66,286,657 | 71,083,577 |
| 71,083,577 |
| 21.450% |
|
| |||||||
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction
| ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted.
| % of voting rights |
|
|
|
|
|
|
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction
| ||||||
| Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights
| |
|
|
|
|
|
| Nominal | Delta
|
|
|
| |||||
| Total (A+B+C)
| |
| Number of voting rights | Percentage of voting rights |
| 71,083,577 | 21.450% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
|
|
| Proxy Voting:
| |
| 10. Name of the proxy holder:
|
|
| 11. Number of voting rights proxy holder will cease to hold:
|
|
| 12. Date on which proxy holder will cease to hold voting rights:
|
|
| 13. Additional information:
| All figures are based on the Companies issued share capital of 331,390,961 as provided by Exshare
Email contact RDU@Gartmore.com |
| 14. Contact name:
| RDU |
| 15. Contact telephone number:
| 0207 782 2324 |
| Share Description Fund Managing Co. | Shares Held | % of Issued Share Capital | UK Registered Owner | Beneficial Owner |
| | | | | |
| Equities | | | | |
| | | | | |
| MGT CONSULTING GP ORD GBP0.01 | | | | |
| | | | | |
| Gartmore Fund Managers Limited | 13,259,316 | 4.001% | HSBC GLOBAL CUSTODY NOMINEE UK LTD | GARTMORE FUND MANAGERS LTD A/C GARTMORE UK & IRISH SMALLER COMPANIES
|
| Gartmore Investment Limited | 18,693,437 | 5.641% | NORTRUST NOMINEES LIMITED | STRATHCLYDE PENSION FUND
|
| | 4,656,796 | 1.405% | GARTMORE GROWTH OPPORTUNITIES | GARTMORE GROWTH OPPORTUNITIES PLC
|
| | 8,112,685 | 2.448% | GOLDMAN SACHS NOMINEES LTD | THE GARTMORE UK SMALL CAP BEST IDEAS FUND LIMITED
|
| | 717,294 | 0.216% | BANK OF BERMUDA LUXEMBOURG | GARTMORE SICAV PAN EURO SMALLER COMPANIES FUND
|
| | 25,644,049 | 7.738% | VIDACOS NOMINEES LTD A/C 2303 | THE ALPHAGEN VOLANTIS FUND LIMITED |
| | 71,083,577 | 21.450% | | |
| | ========== 71,083,577 ========== | ========= 21.450% ========== | | |