Proposed name change and notice of General Meeting

Proposed name change and notice of General Meeting

Mpac Group plc announces that a circular convening a General Meeting of Mpac Group plc (the “Company“) will be sent to shareholders today and made available to view on the Company’s website at www.Mpac group.com. The meeting will be held on 22 January 2018 at 11.00 a.m. at the offices of Panmure Gordon, One New Change, London, EC4M 9AF (the “General Meeting“). The purpose of this meeting is to consider and, if deemed appropriate, to approve a resolution to change the name of the Company to “Mpac Group plc”.

As previously announced on 8 June 2017 (the “Announcement“), as part of the sale by the Company of the Instrumentation & Tobacco Machinery business (as defined in the Announcement) to G.D S.p.A, the Company agreed to transfer the name “Mpac group” to MPRD Limited which means that the Company is required to change its name and remove all associated “Mpac Group” branding.

As a result, the Company initiated a process to identify a new corporate name aligned to its new strategic direction. Mpac Group plc was chosen as it is a name grounded in our business’s rich heritage and which looks forward to our future as a world leading end-to-end packaging machinery provider.

 

Directors’ recommendation

Your directors consider that the resolution to be proposed will promote the success of the Company for the benefit of its shareholders as a whole. Accordingly, your directors unanimously recommend that shareholders vote in favour of the resolution, as they intend to do in respect of their own beneficial holdings.

For further information, please contact:

 

Mpac Group plc
Tony Steels, Chief Executive
Jim Haughey, Group Finance Director
Tel: +44 (0)2476 421100

 

Panmure Gordon (UK) Limited (NOMAD)

Andrew Potts / Peter Steel – Corporate Finance
James Stearns – Corporate Broking
Tel: +44 (0)20 7886 2500

Hudson Sandler
Nick Lyon
Tel: +44(0)20 7796 4133

Completion of Canadian property disposal

The board of Mpac group PLC (“the Company”) announced on 27 June 2017 that the Company had entered into an unconditional agreement to sell its manufacturing facility in Ontario, Canada. The board confirms that legal completion of this transaction has now taken place.

 

Enquiries:

Mpac group PLC

Tel: +44 (0)247 642 1100
Tony Steels, Chief Executive
Jim Haughey, Group Finance Director

 

Panmure Gordon (UK) Limited (NOMAD)

Tel: +44 (0)20 7886 2500
Andrew Potts / Peter Steel – Corporate Finance
James Stearns – Corporate Broking

 

Hudson Sandler

Tel: +44 (0)20 7796 4133
Nick Lyon / Jasper Bartlett