Result of AGM

MBL Group plc / Epic: MUBL / Index: AIM

RNS ANNOUNCEMENT: The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

For immediate release

12 October 2018

MBL Group PLC

("MBL" or the "Company" or the "Group")

Result of Annual General Meeting

At the Annual General Meeting of the Company ("AGM") held this afternoon Resolution 1, approval of the Report & Accounts, was duly passed on a show of hands.

It was then proposed and agreed by a vote of the shareholders present at the meeting that the remaining business of the AGM be adjourned. The Board agreed to adjourn the AGM for a period of up to 42 days from today's date.

A circular convening the adjourned meeting will be sent to shareholders in due course and further announcements regarding this process will be made as appropriate.

As previously announced, following the appointment of administrators to Windsong International Limited on 15 June 2018, MBL became a Rule 15 Cash Shell under Rule 15 of the AIM Rules for Companies from that date. Within six months of becoming an AIM Rule 15 cash shell, the Company must make an acquisition or acquisitions which constitute(s) a reverse takeover under Rule 14 of the AIM Rules for Companies. In the event that the Company does not complete a reverse takeover under AIM Rule 14 within six months of becoming a cash shell, the Exchange will suspend trading in the Company's ordinary shares pursuant to AIM Rule 40 on 17 December 2018.

For further information visit www.mblgroup.co.uk 

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