TIDMMRS

RNS Number : 5188D

Management Resource Solutions PLC

29 January 2015

29 January 2015

For immediate release

Management Resource Solutions PLC

("MRS" or the "Company")

Comment re Price Movement

MRS, the human capital resource consultancy, notes the volatility in the Company's share price today.

The Company has continued to trade in line with the expectations of the Directors at the time of admission to trading on AIM in December 2014 and it is anticipated that the financial results for the year ended June 2015 will be materially ahead of full year 2014.

The Company is continuing to seek to expand its client base and number of active contracts. In addition, the Directors of MRS continue to evaluate acquisition opportunities which fit within their operation and valuation criteria. Accordingly they know of no reason for the price movement today.

It is intended that the unaudited interim results for the six months ended 31 December 2014 will be published by the end of February 2015.

-Ends-

For further information:

 
 Management Resource Solutions              c/o FTI +44 
  PLC                                   (0)20 3727 1000 
  Paul Morffew, Chief Executive 
  Timothy Jones, Finance Director 
 
 Northland Capital Partners Limited 
  (Nominated Adviser and Broker)         +44 (0)20 7382 
  William Vandyk                                   1100 
 FTI Consulting 
  Edward Westropp 
  Oliver Winters                         +44 (0)20 3727 
  Adam Cubbage                                     1000 
 

About MRS

MRS provides project, quality, environmental and health & safety management services to some of the largest companies and projects across Australia, Oceania and Southeast Asia. MRS are sector specialists in the construction, engineering, civil engineering, petrochemical and coal seam gas sectors. MRS sources its contractors from a database of over 23,000 professionals around the globe, allowing it to react quickly and fully to client requirements.

The Company's Admission Document can be found at http://www.mrsplc.net/.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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