FAQs

London Stock Exchange information

In which sector is MCG listed?

MCG is listed under the support services sector of the FTSE.

What is MCG's ticker symbol?

MCG's ticker symbol is MMC.

Which FTSE indexes is MCG listed on?

MCG is currently listed on the FTSE All Share and the FTSE SmallCap. It is also listed on the FTSE4Good Index.

When was MCG first floated on the London Stock Exchange?

MCG was first listed on the London Stock Exchange (LSE) in late 1987 as Alexander Proudfoot PLC.

Group information

What are MCG's core lines of business?

MCG's core line of business is management consultancy. Please see Corporate Profile for details of the operating companies.

Ineum Consulting provides services to both the commercial and public sectors through its deep knowledge of issues relevant to specific industries. Its industry experts have market, strategic, functional and technology expertise. They serve the financial, manufacturing, utilities, telecoms and media, public and transportation sectors. In addition there is a specialist middle market group to meet the needs of dynamic and growing businesses

Kurt Salmon Associates is focused exclusively on the retail, consumer products and health care industries. It works closely with its clients to create accelerated value through its tailored solutions for business growth, margin management, inventory efficiency, productivity improvement, and technology effectiveness.

Parson Consulting specialises in developing excellence in finance and operations. It is free of auditing conflicts and provides Sarbanes-Oxley compliant services. It has provides valuable financial information and insight to stakeholders through strategic finance, performance management, accounting and finance operations, governance and risk management, and corporate transaction support. Parson Consulting's appeal is to Chief Financial Officers intent on achieving the highest standards of financial management.

Proudfoot Consulting helps clients to achieve significantly increased profitability through the implementation of operational improvements leading to increased sales, lower operating and overhead costs, greater output and lower capital expenditure. Proudfoot Consulting's appeal is to operationally focused senior managers intent on executing strategy and achieving stretching goals.

Salzer Consulting is the HR partner of choice for leading companies who are expanding rapidly in Asia-Pacific providing HR project management and human effectiveness improvement through proven products and tailor-made solutions. It combines deep commercial knowledge with sound cultural understanding of the different countries throughout the Asia-Pacific region.

Viaduct Consulting is a corporate consultancy which provides insight into key commercial and operational issues to help provide improved performance. Independent of the "Big 4" accounting and auditing firms, our insight is based on prior knowledge of the industry sectors in which we work.

Who are MCG's brokers, auditors and registrars?

Full details of MCG's brokers are provided in the Investor Centre section of this website.

MCG's auditors are Deloitte & Touche LLP of 180 Strand, London WC2R 1BL, United Kingdom. MCG's registrars are Capita Registrars of Bourne House, 34 Beckenham Road, Beckenham, Kent BR3 4TU, United Kingdom.

What is MCG's registered office address and registered company number?

Place of registration - England and Wales
Registered number - 1000608
Registered Office:
10 Fleet Place
London EC4M 7RB
Incorporated on 22/01/1971

Why did you change your name from Proudfoot Consulting to Management Consulting Group?

The Group changed its name on 2 January 2001 as the Board were beginning the process of creating a group of consultancies with their own distinct and different offerings. Accordingly, it was inappropriate for the name of the holding company to reflect the name of just one such consultancy. Management Consulting Group PLC is suitably descriptive and does not detract from the various brands that are now used for client purposes. Currently there are five brands in the group: Ineum Consulting, Parson Consulting, Proudfoot Consulting, Salzer Consulting and Viaduct Consulting.

Acquisitions and disposals

Why did you sell Proudfoot Japan in June 2000?

In January 2000 when we started looking at the sale of Proudfoot Japan it was worth more than the market capitalisation of the group as a whole. The business was very successful with a consistent record of profitability and growth. We took the view that the disposal would allow us to raise substantial funds to invest in the crucial European and North American markets and by structuring the deal as a management buy out we could retain a close operational alliance.

Why did you acquire IMR Europe in November 2000 and Czipin & Partner in May 2001?

At the time one aspect of our strategy was to invest in our existing Proudfoot business. Both the IMR and Czipin businesses were very similar to that of Proudfoot and complementary in their European coverage. IMR were particularly strong in France, Czipin were strong in Austria, Germany and Eastern Europe.

The combined strength of IMR, Czipin and Proudfoot gave us substantial practices in operational management consultancy in Austria, France, Germany and the UK as well as operations elsewhere in Europe.

Why did you acquire Parson Consulting in June 2002?

Parson Consulting (formerly Parson Group) was acquired on 28 May 2002. The acquisition was consistent with our strategy of diversifying the types of consulting that we can provide to clients.

Parson Consulting specialises in the provision of accounting and financial consultancy services to major businesses. It is focussed on securing faster, more reliable and more efficiently produced financial information for its clients, using experienced consultants. Clients include large industrial, service and financial sector companies. Its practice is in the United States and Europe. It has 14 offices in America as well as offices in London, Paris and Sydney.

Why did you acquire Ineum Consulting in Sept 2006?

In line with our strategy, we saw Ineum as an opportunity to secure a well-managed profitable business with growing revenues and a strong established brand that is complementary to MCG's existing businesses. The acquisition broadened MCG's consulting offerings to existing and potential new clients as well as introducing industry specific services. The addition of Ineum diversified MCG's geographic focus by increasing European presence and reducing dependence on the United States.

Why did you acquire The Salzer Group in October 2006?

The Salzer Group offered the Group an opportunity to secure a small but profitable business with growing revenues and a strong regional brand that will allow MCG and its consultancies to have greater access to the ever more important economy of China. The acquisition broadened MCG's consulting offerings to existing and potential new clients as well as giving MCG access to new markets.

Why did you create Viaduct Consulting in June 2007?

The Board recognised that there was an increasing demand for growth strategy consulting from private equity investors and acquisitive corporations. Few, if any, other consultancies offered high quality advice and opinions without being predominantly focused on their own risks. Viaduct was created to give balanced and clear opinions without being undermined by internal risk considerations.

Why did you acquire CBH Consulting in September 2007?

The acquisition of CBH Consulting added another well established, profitable business to the Group and further diversified the Group's consultancy offerings and increased the Group's presence on the West Coast of the United States.

Why did you acquire Kurt Salmon Associates in September 2007?

The acquisition of Kurt Salmon Associates expanded the Group's industry-led offerings with the addition of an international market leader, thereby further raising the Group's profile, particularly in the US. It deepened the Group's talent pool and further increased opportunities to cross sell the services of the Group's other consultancies to the enlarged client base.

Shareholdings

How many shares are currently in issue?

At 31 May 2008, the Group had 330,291,753 ordinary shares of £0.25 each in issue, giving an issued share capital of £82,572,938.

How can I check my shareholding?

You will need to contact your broker. If following doing so, you need further assistance, please contact Charles Ansley on +44 (0) 20 7710 5000 or cansley@mcgplc.com.

What do I do if I have lost my shareholder certificate?

You will need to contact the registrars at Capita IRG Plc at Bourne House, 34 Beckenham Road, Beckenham, Kent BR3 4TU, United Kingdom.

How can I change the location to which my shareholding is addressed?

You will need to contact the registrars.

Does the company offer a share dealing service?

An online and telephone share dealing service is offered through MCG's registrar, by Capita Share Dealing Services. For further information on this service, or to trade, contact: www.capitadeal.com (on-line dealing) or 0870 458 4577 (telephone dealing)

I have several holdings of MCG shares represented by more than one certificate; how can I amalgamate those shares into one holding?

Please write to our registrars enclosing all your certificates.