TIDMMMC

RNS Number : 0732V

Management Consulting Group PLC

04 August 2015

The Company has received notification of the following increase in voting rights.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                           Management Consulting Group 
  the underlying issuer                                                                         PLC 
  of existing shares to which 
  voting rights are 
  attached: 
-------------------------------------------------------------  ------------------------------------ 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                      X 
----------------------------------------------------------------  --------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------------  --------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------  --------------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------  --------------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -----  --------------------------------- 
 3. Full name of person(s)                                         Richard Griffiths and controlled 
  subject to the                                                                       undertakings 
  notification obligation: 
-----------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                                           3 August 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                                              4 August 2015 
  notified: 
-----------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are                                                                   > 4% 
  crossed or 
  reached: 
-----------------------------------------------------------  -------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number         Number of                    % of voting 
                 of               of               of shares      voting                       rights 
                 Shares           Voting                          rights 
                                  Rights 
-------------  ---------------  ---------------  -------------  ---------------------------  ------------------------- 
                                                  Direct         Direct         Indirect      Direct        Indirect 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 GB0001979029   13,594,442       13,594,442       13,638,842     13,638,842                   2.75% 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 Ordinary 
  1p 
-------------      -----------    -----------      -----------    -----------  ------------      --------    --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting               % of voting 
 financial           date           Conversion                      rights that                    rights 
 instrument                         Period                          may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 CFD's                                                             7,826,700                      1.58% 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/        Number of voting               % of voting 
 financial         price         date           Conversion        rights instrument              rights 
 instrument                                     period            refers to 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  -------------  -------------  ---------------  -----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 21,465,542                                         4.33% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------- 
   Seren Capital Management 
     Limited                    11,785,537 
    Cream Capital Limited        1,143,305 
    Richard Griffiths 
     indirect holdings             165,000 
    Oak Trust Limited              545,000 
                                13,638,842 
                               ----------- 
 
    CFD - Richard Griffiths      3,326,700 
    CFD - Blake Holdings 
     Limited                     4,500,000 
                                 7,826,700 
                               ----------- 
 
    Total                       21,465,542 
                               ----------- 
 
 
 
   The above undertakings are all controlled by Richard 
   Griffiths 
 
 Proxy Voting: 
------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ---------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  ---------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  ---------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  ---------------- 
 14. Contact name:                                              James Sutcliffe 
-------------------------------------------------------------  ---------------- 
 15. Contact telephone number:                                     01534 719761 
-------------------------------------------------------------  ----------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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