Request to convene a general meeting

MBL Group PLC

("MBL" or the "Company")

Request to convene a general meeting

The Company has received a request under section 303 of the Companies Act 2006 from The Allan Family Trust ("the Petitioner"), which holds approximately 26% of the issued share capital of the Company, to convene a general meeting of the Company. 

 The Petitioner seeks the consideration of the following resolutions:

1. That David Anthony (Tony) Johnson be removed as a Director and Chairman of the Company;

2. That Christopher (Chris) William Jones be removed as a Director of the Company;

3. That any Directors appointed between 27 May 2016 and the date of the general meeting be removed as Directors of the Company;

4. That David Kenneth Grundy be appointed as a Director of the Company; and

5. That the remaining Directors, after the passing of the resolutions, appoint a Chairman and conduct a comprehensive strategic review of the Company, in the best interests of all shareholders. 

A further announcement regarding the date of the proposed general meeting, and the Board's advice in relation to the proposed resolutions will be made in due course. 

ENDS

For further information, please contact: 

MBL Group plc   Tel: 01772 440440

Lisa Clarke, Executive Director 

SPARK Advisory Partners Limited   Tel: 0113 370 8970

(NOMAD)

Sean Wyndham-Quin

Mark Brady