Management Consulting Group PLC

Declaration of Voting Results & Voting Rights Announcements • May 28, 2013

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RNS Number : 7278F

Management Consulting Group PLC

28 May 2013

28 May 2013                                                                        

Transaction by Person Discharging Managerial Responsibilities

Disclosure Rule DTR 3.1.4

Partial vesting of share awards granted to Mr Nicholas Stagg

The interest of Nicholas Stagg, the Chief Executive of Management Consulting Group PLC (the "Company"), in the ordinary share capital of the Company has changed as detailed below.

The Remuneration Committee determined on 24th May 2013 that 28.94% of the ordinary shares subject to the awards granted to Mr Stagg on 20th May 2010 under the Management Consulting Group 2008 Performance Share Plan should vest following the application of performance measures specified at the time of grant.  In accordance with the plan rules, any unvested part of the awards has immediately and irrevocably lapsed.  Sufficient shares are being withheld to settle the PAYE and Employee National Insurance liability arising as a result of the vesting of the award.

Ordinary Shares subject to the Awards	Ordinary Shares Vested	Number of Ordinary Shares withheld on account of the PAYE/NI Adjustment	Net Ordinary Shares Allocated	Market Price on Vesting
3,000,000	868,200	406,382	461,818	30.5p

As a result of the vesting, Mr Stagg has an interest in 1,264,972 ordinary shares, which represents approximately 0.3% of the Company's issued ordinary capital.

The transaction took place in London.  A further announcement will be made in due course following the transfer of shares to Mr Stagg pursuant to the vesting.

Enquiries:

Management Consulting Group PLC	Tel
Charles Ansley	020 7710 5000

This information is provided by RNS

The company news service from the London Stock Exchange

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