MMC.L Regulatory News (MMC)

1 May 2020

Management Consulting Group plc

Notice of Annual General Meeting and Publication of Circular

Further to the announcement made by Management Consulting Group plc ("MCG", the "Group" or the "Company") on 27 April 2020 in relation to a proposed delisting of the Company's ordinary shares, MCG announces that a circular dated 30 April 2020 in respect of the proposed delisting has been approved by the Financial Conduct Authority (the "Circular").

The Circular contains the notice of annual general meeting ("AGM") of the Company, which will be held at 11:00 a.m. on 26 May 2020 at the offices of Baker & McKenzie LLP at 100 New Bridge Street, London EC4V 6JA. Shareholders should note the advice in the Circular relating to attendance and voting at the AGM given the current guidance relating to COVID-19.

The resolution required by the Listing Rules for shareholders to approve the delisting will be put forward at the AGM ("Delisting Resolution"). If the Delisting Resolution is approved by the requisite majority, the Company will apply for the cancellation of the listing of the Company's shares on the Official List, and to trading on the London Stock Exchange ("Cancellation"), in which case it is expected that the last day of dealings in the Company's Ordinary Shares will be 23 June 2020, and that the Cancellation would occur on 24 June 2020.

Copies of the Circular (including the notice of AGM) and related Form of Proxy will be posted to MCG shareholders on 1 May 2020.

The Circular will be submitted to the National Storage Mechanism, where it will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In addition, the Circular will be available to view on the Company's website (www.mcgplc.com) and will be available for inspection, as further detailed in the Circular.

Management Consulting Group PLC

Tel: +44 20 7710 5000

Nick Stagg, Chairman and Chief Executive 

Cautionary statement

This announcement is not intended to, and does not constitute, or form part of, any offer to sell or an invitation to purchase or subscribe for any securities or a solicitation of any vote or approval in any jurisdiction. The information contained in this announcement is not for release, publication or distribution to persons in any jurisdiction where to do so might constitute a violation of local securities laws or regulations.