19 Jan 2016 07:00
19 January 2016
Management Resource Solutions Plc
Acquisition and Readmission of the Enlarged Group to trading on AIM
Management Resource Solutions Plc ("MRS", "Company" or the "Group"), the human capital resource consultancy quoted on AIM, is pleased to provide an update further to the announcement of 11 January 2016. The Company has now published the Schedule 1 announcement required pursuant to the AIM Rules for Companies ("AIM Rules").
The general meeting to approve the proposed acquisition of Bachmann Plant Hire Pty Ltd ("Bachmann") will be held on Thursday 28 January 2016 at 17:00 local time (07:00 UK time). On the basis that the resolution to approve the acquisition of Bachmann is approved at that meeting, the ordinary share capital of the Company will, in accordance with the AIM Rules, be effectively cancelled and readmitted to trading on AIM with effect from 07:30 on Monday 1 February 2016.
As the issued share capital of the Company is not being increased or reduced as a result of the acquisition of Bachmann there are no practical implications to shareholders from the readmission process .
For further information:
Management Resource Solutions PLC Paul Morffew, Chief Executive Timothy Jones, Finance Director | c/o FTI +44 (0)20 3727 1000 |
Northland Capital Partners Limited (Nominated Adviser and Broker) William Vandyk David Hignell | +44 (0)20 7382 1100 |
FTI Consulting Edward Westropp Oliver Winters Adam Cubbage
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+44 (0)20 3727 1000 |
Management Resource Solutions (MRS)