Management Consulting Group PLC Result of General Meeting (2083N)

TIDMMMC

RNS Number : 2083N

Management Consulting Group PLC

21 October 2016

Management Consulting Group PLC (the "Company" or "MCG")

Result of General Meeting

At the General Meeting of the Company held today at the offices of Baker & McKenzie LLP, 100 New Bridge Street, London EC4V 6JA at 11:00 am, all resolutions were passed on a show of hands.

The following is a summary of the Forms of Proxy received up to 48 hours before the time of the General Meeting by the Registrars, appointing the Chairman of the General Meeting as proxy:

 
                                          Votes          Votes          Votes 
                                           For*          Against      Withheld** 
-----------------------------------  --------------  -------------  ------------ 
 Resolution 1: 
 
  To approve the Disposal 
  of the Target Business 
  (as described in the circular 
  to the shareholders dated 
  4 October 2016 (the "Circular"))      351,240,729       2,500         51,500 
-----------------------------------  --------------  -------------  ------------ 
 Resolution 2 (Special 
  Resolution): 
 
  To reduce the Share Premium 
  Account and cancel the 
  Deferred Shares (as described 
  in the Circular)                      351,240,896       2,333         51,500 
-----------------------------------  --------------  -------------  ------------ 
 Resolution 3: 
 
  To authorise the payment 
  of the Transaction Incentive 
  Bonuses (as described 
  in the Circular)                      326,783,196     20,723,918     2,666,893 
-----------------------------------  --------------  -------------  ------------ 
 Resolution 4: 
 
  To approve certain amendments 
  to the Restricted Share 
  Plans (as described in 
  the Circular)                         350,944,266      282,194        68,269 
-----------------------------------  --------------  -------------  ------------

The total issued ordinary share capital at 21 October 2016 was 508,512,799 shares.

The total proportion of the issued ordinary share capital represented by proxy was 69.08%.

* Includes those votes giving the Chairman discretion.

** A 'Vote Withheld' is not a vote in law and is not counted towards the votes cast 'for' and 'against' a resolution.

The full text of the resolutions can be found in the Circular, which is available for inspection at the National Storage Mechanism at www.morningstar.co.uk/uk/NSM. A copy of the resolutions will shortly be submitted to the National Storage Mechanism for inspection at www.morningstar.co.uk/uk/NSM.

Enquiries:

For further information please contact:

 
 MCG                           Tel: +44 20 7710 5000 
 Nick Stagg, Chief Executive 
 Chris Povey, Group Finance 
  Director 
 
 FTI Consulting                Tel: +44 20 3727 1000 
 Ben Atwell

This information is provided by RNS

The company news service from the London Stock Exchange

END

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