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Management Res Sol (MRS)

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Wednesday 03 April, 2019

Management Res Sol

Director/PDMR Shareholding

RNS Number : 9547U
Management Resource Solutions PLC
03 April 2019
 

3 April 2019

 

Management Resource Solutions PLC

("MRS" or the "Company")

 

Share Purchase by Non-Executive Chairman

 

Management Resource Solutions Plc, a leading Maintenance, Fabrication, Civil and Earthworks company, was today notified that its Non-Executive Chairman, John Zorbas, has purchased 4,450,000 ordinary shares of £0.01 in the Company ("Shares") at an average price of 2.48p pence per Share.

Following this purchase, Mr. Zorbas has an interest in a total of 11,019,080 Shares, representing approximately 5.59% of the issued share capital of the Company. 

Moreover, John Zorbas is the CEO of Uru Metals Limited who currently own 8.91% of the issued share capital of the Company.

The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

 John Zorbas

2

Reason for the notification

a)

Position/status

Director

b)

Initial Notification/Amendment

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Management Resource Solutions plc (MRS)

b)

LEI

213800Q2UE1H9OW1ND66

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares



Identification code

GB00B8BL4R23

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)







Price(s)

Volume(s)




2.53p

500,000




2.57p

500,000




2.58p

1,000,000




2.48p

100,000




2.46p

900,000




2.31p

1,000,000




2.42p

450,000







d)

Aggregated information




- Aggregated volume

4,450,000

- Average Price

2.48p

e)

Date of the transaction

01/02 April 2019

f)

Place of the transaction

London

Enquiries:

 

Management Resource Solutions plc

John Zorbas, Chairman

Paul Brenton, CEO

Tim Jones, Finance Director

 

 

via FTI Consulting

Tel: +44 (0) 20 3727 1000

Arden Partners plc (NOMAD & Broker)

Tom Price

Alex Penney

Maria Gomez de Olea

 

 

Tel: +44 (0) 20 37614 5900

FTI Consulting (Financial PR)

Alex Beagley

James Styles

Laura Saraby

Tel: +44 (0) 20 3727 1000

 

 

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 [email protected] or visit www.rns.com.
 
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