MBL : Result of reconvened Annual General Meeting

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

5 December 2018

MBL Group PLC

('MBL' or the 'Company' or the 'Group')

Result of reconvened Annual General Meeting

At the reconvened Annual General Meeting of the Company ('AGM') held this afternoon Resolutions 2 & 3, concerning the re-appointment of directors, were passed on a show of hands in the Meeting. Resolutions 4-9 were not passed on a poll.

The results of the poll are set out below:

Resolution	Votes for	%	Votes against	%	Votes total	% of issued share capital	Votes withheld (Note)
4. to re-appoint the auditors	4,406,366	33.80	8,630,424	66.20	13,036,790	75.37%	1,467,822
5. to allow the Directors to agree the auditors' remuneration	4,406,526	30.37	10.101,419	69.63	14,507,945	83.88%	0
6. to approve political donations	2,506,667	17.28	12,001,118	82.72	14,507,785	83.88%	160
7. to authorise the directors to allot shares in the Company	2,509,666	17.30	11,998,119	82.70	14,507,785	83.88%	160
8. to allow dis-application of pre-emption rights	2,509,666	17.30	11,994,786	82.70	14,504,452	83.86%	160
9. to allow the Directors to make purchases of the Company's shares	2,509,666	17.30	11,994,786	82.70	14,504,452	83.86%	160

Note: A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

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 visitwww.mblgroup.co.uk

Contact:

Anton Lane James Reynolds	MBL Group plc	01454 777 831
Mark Brady	SPARK Advisory Partners Limited (Nominated Adviser)	0113 370 8970