Management Consulting Group PLC Update on the disposal of Brazil business (4106P)

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.

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May 29, 2018 02:01 ET (06:01 GMT)

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