Management Resource Solutions PLC Update on Acquisition and Admission (2469M)

TIDMMRS

RNS Number : 2469M

Management Resource Solutions PLC

19 January 2016

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       c/o FTI +44 (0)20 
  PLC                                 3727 1000 
  Paul Morffew, Chief Executive 
  Timothy Jones, Finance Director 
 
 Northland Capital Partners 
  Limited 
  (Nominated Adviser and Broker) 
  William Vandyk 
  David Hignell                      [phone] 
 
   FTI Consulting 
   Edward Westropp 
   Oliver Winters 
   Adam Cubbage                        [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 19, 2016 02:00 ET (07:00 GMT)