31 Jul 2019 13:00
31 July 2019
Management Resource Solutions plc
("MRS" or the "Company")
Update on Alerion independent valuation report
Further to its announcement on 16 July 2019, Management Resource Solutions Plc (AIM:MRS), a leading Maintenance, Fabrication, Civil and Earthworks company, has received a draft from Leadenhall Services Pty Ltd (Leadenhall) of its independent valuation of the Company's acquisition of Alerion Consulting Limited (Alerion). Leadenhall will carry out its own internal review process and the Company is due to receive the final report early next week and will make an announcement as to its conclusions shortly thereafter.
ENDS
For further information:
Management Resource Solutions plc John Zorbas, Chairman Paul Brenton, CEO Tim Jones, Finance Director
| via FTI Consulting Tel: +44 (0) 20 3727 1000 |
Arden Partners plc (NOMAD & Broker) Tom Price Maria Gomez de Olea
| Tel: +44 (0) 20 37614 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