Management Resource Solutions PLC Update (6236T)

TIDMMRS

RNS Number : 6236T

Management Resource Solutions PLC

15 November 2019

15 November 2019

Management Resource Solutions plc

Update

The board of Management Resource Solutions plc ("MRS" or the "Company") provides the following update.

The second meeting of creditors held today has been adjourned until 20 December 2019, however the administrators have advised that they will continue the operations of the businesses only until the end of this month. The Directors are continuing to negotiate the purchase by MRS of certain assets and liabilities of MRS Services Group Pty Ltd as set out in the announcement of 12 November 2019.

ENDS

For further information:

 
Management Resource Solutions plc    via FTI Consulting 
 Paul Brenton, CEO                    Tel: +44 (0) 20 
 Tim Jones, Finance Director          3727 1000 
Arden Partners plc (NOMAD & Broker)  Tel: +44 (0) 20 
 Paul Shackleton                      7614 5900 
FTI Consulting (Financial PR) 
 Alex Beagley 
 James Styles 
 Sam Macpherson 
 

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.

END

UPDXELFFKFFLFBZ

(END) Dow Jones Newswires

November 15, 2019 08:27 ET (13:27 GMT)