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Management Res Sol (MRS)

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Monday 23 December, 2019

Management Res Sol

Update

RNS Number : 8372X
Management Resource Solutions PLC
23 December 2019
 

23 December 2019

 

Management Resource Solutions plc

 

Update

 

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

The administrators have advised that at the concurrent meeting of creditors on 19 December 2019, it was resolved that the companies (Bachmann Plant Hire Pty Ltd, MRS Services Group Pty Ltd, MRS Property No1 Pty Ltd, Holdings (MRS) Pty Ltd and Management Resource Solutions Pty Ltd, the "companies") will be wound up voluntarily and Jirsch Sutherland be appointed as Joint and Several Liquidators.

The board is continuing to explore options for a solvent future for MRS in order to avoid liquidation and further announcements will be made as appropriate.

 

ENDS

 

For further information:

 

Management Resource Solutions plc

Paul Brenton, CEO

Tim Jones, Finance Director

 

 

via FTI Consulting

Tel: +44 (0) 20 3727 1000

Arden Partners plc (NOMAD & Broker)

Paul Shackleton

 

 

Tel: +44 (0) 20 7614 5900

FTI Consulting (Financial PR)

Alex Beagley

James Styles

Sam Macpherson

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


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