15 Nov 2019 13:27
15 November 2019
Management Resource Solutions plc
Update
The board of Management Resource Solutions plc ("MRS" or the "Company") provides the following update.
The second meeting of creditors held today has been adjourned until 20 December 2019, however the administrators have advised that they will continue the operations of the businesses only until the end of this month. The Directors are continuing to negotiate the purchase by MRS of certain assets and liabilities of MRS Services Group Pty Ltd as set out in the announcement of 12 November 2019.
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 |
|
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