Management Resource Solutions PLC Bachmann Plant Hire Update

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Management Resource Solutions PLC

17 December 2018

Management Resource Solutions plc

EPIC: MRS

17 December 2018

Management Resource Solutions plc

("MRS" or "the Company")

Bachmann Plant Hire confirms $2.5m (AUD) work programme across South East Queensland

Management Resource Solutions PLC, a leading Maintenance, Fabrication, Civil and Earthworks company, is pleased to announce that its Bachmann Plant Hire (BPH) business has secured and commenced the delivery of civil earthworks solutions to Shadforth Civil across the Infrastructure and commercial construction sectors.

This project has grown significantly for BPH from the initial mobilisation of a small number of machines in November, to now being one of the larger projects for the business. The value of the work programme is expected to be in the region of $2.5m (AUD) and demonstrates the strong momentum and level of demand for BPH's specialist services.

Shadforth is a family owned civil contracting company and works on some of the largest civil contracting projects in Queensland.

Following completion of the infrastructure works programme, known as stage one, which is expected to continue to January 2019, all equipment will be re-positioned on to, and continue to work on the the adjoining stage two.

Shaun Fraser, GM Civil & Earthworks at BPH said: "The securing of this parcel of work again reflects the hard work, expertise and agility of the team in continuing to explore opportunities, this time within BPH's traditional markets. The opportunity to initially place a few items of equipment, has exploded to a point where BPH now has eight of our larger earthmoving specialist equipment deployed."

-ENDS-

Enquiries:

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

Notes to Editors

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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December 17, 2018 02:01 ET (07:01 GMT)