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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Management Resource Solutions Plc | LSE:MRS | London | Ordinary Share | GB00B8BL4R23 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.30 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMMRS
RNS Number : 6544C
Management Resource Solutions PLC
19 April 2017
19 April 2017
Management Resource Solutions plc
("MRS" or "the Company")
Additional Placing
Further to the announcement made on 10 April 2017, the board of MRS is pleased to announce that, following further demand from new and existing investors, Peterhouse Corporate Finance has raised an additional GBP500,000, before expenses, on behalf of the Company, by way of a placing of 10,000,000 new ordinary shares ("New Ordinary Shares") at a price of 5p per share (the "Placing").
Completion of the Placing will be conditional on the passing of the necessary Resolutions by the Company's Shareholders at the General Meeting to be held on 27 April 2017 and the suspension of trading in the Shares being lifted (together the "Conditions").
Application will be made to AIM for the New Ordinary Shares to be admitted to trading on AIM (the "Admission"). Subject to the satisfaction of the Conditions and those relating to the placing announced on 10 April 2017, it is anticipated that the suspension of the trading of the shares on AIM will be lifted on or around 7.30 a.m. and Admission will occur on or around 8.00 a.m. in each case on 28 April 2017.
The New Ordinary Shares will rank pari passu with the existing ordinary shares.
This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
For further information, please contact:
Management Resource Solutions PLC Tel: +1 (0)778 938-7631 John Zorbas, Chairman --------------------------------------------------- ------------------------- Nomad and Joint-Broker Tel: +44 (0)203 861 6625 Northland Capital Partners Limited Tom Price / Gerry Beaney --------------------------------------------------- ------------------------- Joint-Broker Peterhouse Corporate Finance Limited Lucy Williams / Charles Goodfellow / Duncan Vasey Tel: +44 20 7469 0930 --------------------------------------------------- -------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
April 19, 2017 02:00 ET (06:00 GMT)
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