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Management Res Sol (MRS)

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Thursday 27 October, 2016

Management Res Sol

Statement re. Suspension

RNS Number : 6476N
Management Resource Solutions PLC
27 October 2016

Management Resource Solutions Plc

Statement Regarding Suspension

27 October 2016

Management Resource Solutions Plc (the "Company") is currently preparing its consolidated accounts for the year ended 30 June 2016 and the audit process has revealed a number of operational and financial matters that require review.  Whilst these are being investigated, the Company has requested that its ordinary shares of €0.01 each be suspended from trading on AIM with immediate effect pending clarification of its financial position.

A further announcement regarding the Company's current trading and operations will be made once the board and auditors have concluded their investigation.

Further announcements will be made in due course.

For further information:

Management Resource Solutions PLC                                                                    c/o FTI +44 (0)20 3727 1000

Paul Morffew, Chief Executive

Timothy Jones, Finance Director


Northland Capital Partners Limited                                                                                        +44 (0)203 861 6625

(Nominated Adviser and Joint Broker)

William Vandyk

Gerry Beaney


Peterhouse Corporate Finance Limited                                                                                +44 (0)20 7469 0932

(Joint Broker)

Charles Goodfellow

Lucy Williams


FTI Consulting                                                                                                                                   +44 (0)20 3727 1000

Edward Westropp

Emilie O'Herne



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