Management Consulting Group PLC Update on the disposal of Brazil business (4106P)
May 29 2018 - 2:01AM
UK Regulatory
TIDMMMC
RNS Number : 4106P
Management Consulting Group PLC
29 May 2018
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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