15th Oct 2007 07:01
Management Consulting Group PLC15 October 2007 Management Consulting Group PLC 15 October 2007 Not for release, publication or distribution in or into the United States ofAmerica, Australia, Canada or Japan. FOR IMMEDIATE RELEASE Management Consulting Group PLC Completion of acquisition Management Consulting Group PLC (the ''Company'') is pleased to announce thesuccessful completion of the acquisition of Kurt Salmon Associates, Inc (the''Acquisition''). Following the receipt of shareholder approval of a number of matters, includingthe Acquisition itself, at an Extraordinary General Meeting of the Company heldon 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 dealingwill commence at 8.00 a.m. today. Kevin Parry, Chief Executive of the Company, said "The acquisition of KurtSalmon 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 5000Chris Povey Head of M&A Maitland Suzanne Bartch 020 7379 5151Peter Ogden This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MMC.L