Management Resource Solutions PLC AIM Notice (7458S)
October 05 2017 - 2:30AM
UK Regulatory
TIDMMRS
RNS Number : 7458S
Management Resource Solutions PLC
05 October 2017
Management Resource Solutions plc
EPIC: MRS
5 October 2017
Management Resource Solutions plc
("MRS" or "the Company")
AIM Notice
MRS notes that the London Stock Exchange has today published
details of a censure of the Company and a fine of GBP125,000 for
historic breaches of the AIM Rules, discounted to GBP85,000 for
early settlement of the proceedings. The Exchange states in its
announcement that since the events that are the subject of this
censure:
-- save for the finance director, the Company has a new board;
-- when the matter was brought to the attention of the finance
director, the nominated adviser was immediately made aware of the
issues and action was taken;
-- none of the current members of the board bear any responsibility for these breaches.
The Exchange Notice is available at
http://www.londonstockexchange.com/companies-and-advisors/aim/advisers/aim-notices/aim-notices.htm
.
For further information:
Management Resource Solutions plc
John Zorbas, Chairman +1 (0) 778 938-7631
Nigel Burton, Director +44 7785 234447
Trevor Brown, Director +41 7941 55384
Northland Capital Partners Limited +44 (0) 20 3861 6625
(Nominated Adviser and Joint Broker)
Tom Price
Gerry Beaney
Peterhouse Corporate Finance Limited +44 (0)20 7469 0932
(Joint Broker)
Charles Goodfellow
Lucy Williams
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations. On the publication of this
announcement via a Regulatory Information Service ("RIS"), this
information is considered to be in the public domain.
About MRS
Management Resource Solutions plc (MRS), through its
subsidiaries Bachmann Plant Hire and MRS Services Group, offers
plant hire, equipment repair, refurbishment and fabrication, mine
rehabilitation, earthmoving, road construction and other support
services to a wide base of private and public sector clients in
Australia. MRS caters predominately for the mining, civil
engineering, construction and infrastructure industries.
Further information on the Company can be found at
http://www.mrsplc.info
This information is provided by RNS
The company news service from the London Stock Exchange
END
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