Mpac Group Plc Regulatory News (MPAC)

19 April 2018

Mpac Group plc

AGM statement and Board Change

Mpac Group plc ("Mpac" or "the Company"), the global packaging solutions group, will hold its Annual General Meeting at noon today, and Chairman, Phil Moorhouse, will make the following statement:

"Trading in the first quarter is ahead of last year and in line with the Board's expectations.

"I would also like to announce that I will be stepping down from the Board and will cease to be a Director with effect from the close of this AGM for personal reasons. I have been with Mpac for some seven years, three as Chairman. I have enjoyed working in the business and am pleased to say that with our new management team under the leadership of Tony Steels we have a clear growth strategy. The business is well positioned in growth markets and has significant cash resources to fund growth both organically and by acquisition where appropriate. "

Tony Steels commented: "On behalf of the Board I would like to thank Phil for his key contribution to the strategic development of Mpac. On a personal level he has been a very supportive colleague and a great coach since I joined the Company. We wish him all the best for the future. "

Andrew Kitchingman will be appointed as Chairman with immediate effect and a process will commence to appoint a Non-Executive Director to supplement the Board.

For further information, please contact:

Mpac Group plc Tel: +44 (0) 2476 421100

Tony Steels, Chief Executive

Jim Haughey, Group Finance Director

Panmure Gordon (UK) Limited Tel: +44 (0) 20 7886 2500

(Nominated Advisor & Broker)

Andrew Potts, Peter Steel - Corporate Finance

James Stearns - Corporate Broking

Hudson Sandler Tel: +44 (0) 20 7796 4133

Nick Lyon

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014.