Completion of Acquistion
October 15 2007 - 3:02AM
UK Regulatory
RNS Number:6876F
Management Consulting Group PLC
15 October 2007
Management Consulting Group PLC
15 October 2007
Not for release, publication or distribution in or into the United States of
America, Australia, Canada or Japan.
FOR IMMEDIATE RELEASE
Management Consulting Group PLC
Completion of acquisition
Management Consulting Group PLC (the ''Company'') is pleased to announce the
successful completion of the acquisition of Kurt Salmon Associates, Inc (the
''Acquisition'').
Following the receipt of shareholder approval of a number of matters, including
the Acquisition itself, at an Extraordinary General Meeting of the Company held
on 11 October 2007 and satisfaction of all other outstanding conditions, the
Acquisition has been completed.
Application has been made for 53,643,103 Ordinary Shares of 25 pence each,
issued as part consideration for the Acquisition, to be admitted to the
Official List of the UKLA and the London Stock Exchange's market for listed
securities. It is expected that admission will become effective and that dealing
will commence at 8.00 a.m. today.
Kevin Parry, Chief Executive of the Company, said "The acquisition of Kurt
Salmon significantly enhances the Group. We are confident that we will succeed
in integrating and building its business in the same way we have done with
Ineum."
Enquiries
Management Consulting Group PLC
Kevin Parry Chief Executive 020 7710 5000
Chris Povey Head of M&A
Maitland
Suzanne Bartch 020 7379 5151
Peter Ogden
This information is provided by RNS
The company news service from the London Stock Exchange
END
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