Management Resource Solutions PLC MRS Services Group Contract Win

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Management Resource Solutions PLC

29 January 2019

29 January 2019

Management Resource Solutions plc

("MRS" or the "Group")

MRS Services Group wins contract to construct Truck Trays

Management Resource Solutions plc (AIM: MRS) is pleased to announce that its wholly owned subsidiary MRS Services Group has secured a contract for the structural fabrication of eight coal truck trays. This contract has a value of between AUD$800k and AUD$900k.

Construction of the first trays will commence immediately and is expected to complete during February 2019.

This contract will be delivered from the Group's Muswellbrook facility, the only one of its kind in the Hunter Valley. The Directors believe the Group's facility is industry leading, providing a safe and controlled working environment, delivering the best quality of work for our customers.

Paul Brenton, Chief Executive Officer of Management Resource Solutions PLC, commented:

"This is a fantastic contract for MRS to win and further demonstrates how the Group's diversified service offering of MRS Services Group and our Engineering and Maintenance Facility differentiates us from our competitors.

"We don't believe any other supplier in the Hunter Valley can control the working environment for complicated construction projects like this. This contract provides further endorsement of the quality of the team's work and ability to deliver projects on time. MRS continues to enhance its position as a diversified fabrication and maintenance service offering in the Hunter Valley."

For further information:

 
 Management Resource Solutions plc      via FTI Consulting 
  John Zorbas, Chairman                  Tel: [phone] 
  Paul Brenton, CEO                      1000 
  Tim Jones, Finance Director 
 Northland Capital Partners Limited     Tel: [phone] 
  (NOMAD & Broker)                       6625 
  David Hignell 
  Gerry Beaney 
  Jamie Spotswood 
 Peterhouse Corporate Finance Limited   Tel: [phone] 
  (Joint Broker)                         0932 
  Charles Goodfellow 
  Lucy Williams 
 FTI Consulting (Financial PR)          Tel: [phone] 
  Alex Beagley                           1000 
  James Styles 
  Laura Saraby 
 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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January 29, 2019 03:04 ET (08:04 GMT)