TIDMMRS

RNS Number : 3031G

Management Resource Solutions PLC

01 March 2018

Management Resource Solutions plc

EPIC: MRS

1 March 2018

Management Resource Solutions plc

("MRS" or "the Company")

Exercise of Warrants

Trevor Brown today exercised 1,000,000 Warrants at an exercise price of 5p each. The consideration received by the Company was GBP50,000.

The 1,000,000 new Ordinary Shares arising from the exercise of these Warrants have been issued today, and application has been made for them to be admitted to trading on AIM. Admission is expected to take place on Tuesday 6(th) March 2018.

For further information:

Management Resource Solutions plc

John Zorbas, Chairman +1 (0) 778 938-7631

Paul Brenton, CEO +61 (0) 401 072 464

Tim Jones, Finance Director +44 (0) 79 6644 2985

Nigel Burton, Non-Executive Director +44 (0) 77 8523 4447

Northland Capital Partners Limited +44 (0) 20 3861 6625

(Nominated Adviser and Joint Broker)

Tom Price

Dugald Carlean

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

(Joint Broker)

Charles Goodfellow

Lucy Williams

This announcement includes inside information as defined in Article 7 of the Market Abuse Regula􀆟on No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations. On the publication of this announcement via a Regulatory Information Service ("RIS"), this information is considered to be in the public domain.

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 company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 01, 2018 02:00 ET (07:00 GMT)

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