23 Aug 2019 07:00
23 August 2019
Management Resource Solutions PLC
Result of Requisitioned General Meeting
At the General Meeting held today the resolutions to remove certain existing directors and to appoint two new directors were defeated.
The votes cast for Resolutions 2-6 were the following:
Resolution | Votes in favour | Votes against |
2 - Removal of John Zorbas as a director | 82,949,297 | 89,081,642 |
3 - Removal of Timothy Jones as a director | 82,549,297 | 89.081,642 |
4 - Removal of Robert Hackett as a director | 80,738,829 | 89,795,977 |
5 - Appointment of John Copley as a director | 82,902,869 | 89,081,642 |
6 - Appointment of Robert Wall as a director | 82,902,869 | 89,081,642 |
With the consent of the meeting, Resolution 1, to remove any director appointed to the board between the date of the requisition notice, 5 July 2019, and today, was not put to the meeting as no directors had been so appointed.
Paul Brenton, Chief Executive Officer commented:
"I am pleased that this second requisitioned general meeting is behind us and we can now concentrate on growing the business for the benefit of all shareholders. Robert Hackett's appointment to the board was the first stage of implementation of the previously announced board succession plan. We will now move forward with the appointment of the two further independent non-executive directors envisaged in that plan, in respect of which candidates have been identified".
ENDS
For further information:
Management Resource Solutions plc John Zorbas, Chairman Paul Brenton, CEO Tim Jones, Finance Director Robert Hackett, NED
| via FTI Consulting Tel: +44 (0) 20 3727 1000 |
Arden Partners plc (NOMAD & Broker) Paul Shackleton
| Tel: +44 (0) 20 7614 5900 |
FTI Consulting (Financial PR) Alex Beagley James Styles Sam Macpherson | Tel: +44 (0) 20 3727 1000 |
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