Result of Meeting

LONDON--()--

MECHAN CONTROLS PLC

31st May 2017

Result of General Meeting

Update on Disposal

Change of Name to Mandicon PLC

The Board of Mechan Controls PLC (“the Company”) announces that at the General Meeting held earlier today, both resolutions put to the meeting were passed.

Following shareholder approval, the Board anticipates that the sale of the business and assets of the Company, other than its shareholding in Nirvana Engineering Limited, to Mechan Controls 2017 Limited will be completed shortly and will make a further announcement when the disposal is completed.

Shareholders also approved the change of the Company’s name from Mechan Controls PLC to Mandicon PLC, which will take effect upon confirmation from Companies House that the change of name has been registered.

The Directors of the company accept full responsibility for this announcement.

Short Name: MECP
Category Code: ROM
Sequence Number: 584296
Time of Receipt (offset from UTC): 20170531T222948+0100

Contacts

Mechan Controls Plc

Contacts

Mechan Controls Plc