29 May 2018 07:00
This announcement contains inside information for the purposes of article 7 of Regulation 596/2014 (the "Market Abuse Regulation").
29 May 2018
Management Consulting Group PLC
Update on the disposal of Brazil business
Management Consulting Group PLC (the "Group") today announces that, further to its announcement of 4 May 2018, it has now completed the sale of its Brazil business, Alexander Proudfoot Serviços Empresariais Ltda ("APSE"), to its management team for a consideration of $80,000, subject to customary closing conditions.
For further information please contact:
Management Consulting Group PLC
Nick Stagg
Chairman and Chief Executive
020 7710 5000
Notes to Editors
Management Consulting Group PLC (MMC.L) provides professional services across a wide range of industries and sectors. For further information, visit www.mcgplc.com.
Market Abuse Regulation
The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulation. Upon the publication of this announcement via a regulatory information service, this inside information is now considered to be in the public domain.
The person responsible for arranging for the release of this announcement on behalf of the Group is Nick Stagg, Chairman and Chief Executive.