MRS Management Resource Solutions Plc

TIDMMRS

RNS Number : 4094H

Management Resource Solutions PLC

31 July 2019

31 July 2019

Management Resource Solutions plc

("MRS" or the "Company")

Update on Alerion independent valuation report

Further to its announcement on 16 July 2019, Management Resource Solutions Plc (AIM:MRS), a leading Maintenance, Fabrication, Civil and Earthworks company, has received a draft from Leadenhall Services Pty Ltd (Leadenhall) of its independent valuation of the Company's acquisition of Alerion Consulting Limited (Alerion). Leadenhall will carry out its own internal review process and the Company is due to receive the final report early next week and will make an announcement as to its conclusions shortly thereafter.

ENDS

For further information:

 
Management Resource Solutions plc    via FTI Consulting 
 John Zorbas, Chairman                Tel: +44 (0) 20 
 Paul Brenton, CEO                    3727 1000 
 Tim Jones, Finance Director 
Arden Partners plc (NOMAD & Broker)  Tel: +44 (0) 20 
 Tom Price                            37614 5900 
 Maria Gomez de Olea 
FTI Consulting (Financial PR)        Tel: +44 (0) 20 
 Alex Beagley                         3727 1000 
 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 rns@lseg.com or visit www.rns.com.

END

MSCLLFELDDILVIA

(END) Dow Jones Newswires

July 31, 2019 08:00 ET (12:00 GMT)

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