Management Resource Solutions PLC Update 31 May 2019 (6794A)
May 31 2019 - 2:00AM
UK Regulatory
TIDMMRS
RNS Number : 6794A
Management Resource Solutions PLC
31 May 2019
31 May 2019
Management Resource Solutions plc
("MRS" or the "Company")
Update
As shareholders have been informed, the board is commissioning
an independent legal review to address the merit of shareholder
concerns regarding the relationship of certain shareholders and any
potential conflicts of interest, together with an independent
valuation report on the recent Alerion acquisition.
The legal report is progressing in line with expectations and
the scope and terms of the valuation report are now agreed in
principal.
As previously stated, the overall conclusions of both reports
will be announced as soon as they are available and the board
envisages that this will be in the second half of June for the
legal report, and no later than early July for the valuation
report.
Enquiries:
Management Resource Solutions plc via FTI Consulting
John Zorbas, Chairman Tel: +44 (0) 20
Paul Brenton, CEO 3727 1000
Tim Jones, Finance Director
Arden Partners plc (NOMAD & Broker) Tel: +44 (0) 20
Tom Price 7614 5900
Maria Gomez de Olea
Radhika Srinivasan (Sales)
FTI Consulting (Financial PR) Tel: +44 (0) 20
Alex Beagley 3727 1000
James Styles
Laura Saraby
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
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END
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