TIDMMRS

RNS Number : 6001E

Management Resource Solutions PLC

09 May 2017

Management Resource Solutions plc

EPIC: MRS

9 May 2017

Management Resource Solutions plc

("MRS" or "the Company")

Issue of shares to Align Research

The Company has issued and allotted 360,000 Ordinary Shares to Align Research as consideration for services rendered.

Application will be made for the Ordinary Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on AIM ('Admission'). Dealings are expected to start on 15 May 2017.

Following this share issue, the enlarged issued share capital will be 174,428,086 Ordinary Shares on Admission ("Enlarged Share Capital"). No Shares are held in treasury at the date of this announcement. The total current voting rights in the Company on Admission will be therefore 174,428,086. Furthermore, there are 14,466,037 options and warrants outstanding.

For further information:

Management Resource Solutions plc +1 (0) 778 938-7631

John Zorbas, Chairman

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

(Nominated Adviser and Joint Broker)

Tom Price

Gerry Beaney

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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May 09, 2017 05:42 ET (09:42 GMT)

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