29 Jan 2015 13:53
29 January 2015 For immediate release
Management Resource Solutions PLC
("MRS" or the "Company")
Comment re Price Movement
MRS, the human capital resource consultancy, notes the volatility in the Company's share price today.
The Company has continued to trade in line with the expectations of the Directors at the time of admission to trading on AIM in December 2014 and it is anticipated that the financial results for the year ended June 2015 will be materially ahead of full year 2014.
The Company is continuing to seek to expand its client base and number of active contracts. In addition, the Directors of MRS continue to evaluate acquisition opportunities which fit within their operation and valuation criteria. Accordingly they know of no reason for the price movement today.
It is intended that the unaudited interim results for the six months ended 31 December 2014 will be published by the end of February 2015.
-Ends-
For further information:
Management Resource Solutions PLC Paul Morffew, Chief Executive Timothy Jones, Finance Director | c/o FTI +44 (0)20 3727 1000 |
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Northland Capital Partners Limited (Nominated Adviser and Broker) William Vandyk
| +44 (0)20 7382 1100 |
FTI Consulting Edward Westropp Oliver Winters Adam Cubbage
| +44 (0)20 3727 1000 |
About MRS
MRS provides project, quality, environmental and health & safety management services to some of the largest companies and projects across Australia, Oceania and Southeast Asia. MRS are sector specialists in the construction, engineering, civil engineering, petrochemical and coal seam gas sectors. MRS sources its contractors from a database of over 23,000 professionals around the globe, allowing it to react quickly and fully to client requirements.
The Company's Admission Document can be found at http://www.mrsplc.net/.