4 Sep 2019 16:01
4 September 2019
Management Resource Solutions plc
Temporary Suspension of Trading
Management Resource Solutions plc (AIM:MRS) has requested a temporary suspension of trading on AIM of the Company's shares with immediate effect.
The Company has received an e-mail, after business hours in Australia and from an Australian firm providing insolvency solutions, stating that certain of their officers have been appointed as Voluntary Administrators of five of the Company's operating subsidiaries pursuant to Section 436C of the Corporations Act 2001.
The directors will, as a matter of urgency, investigate the veracity of the email and its contents and seek to resolve the situation as quickly as possible. A further announcement will be made in accordance with the AIM Rules.
ENDS
For further information:
Management Resource Solutions plc Paul Brenton, CEO Tim Jones, Finance Director
| 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