Management Resource Solutions PLC Grant of Options (4722H)
March 12 2018 - 12:54PM
UK Regulatory
TIDMMRS
RNS Number : 4722H
Management Resource Solutions PLC
12 March 2018
Management Resource Solutions plc
EPIC: MRS
12 March 2018
Management Resource Solutions plc
("MRS" or "the Company")
Grant of Options
Under the terms of the Company's Global Option Plan, MRS has
today granted a total of 6,900,000 options to subscribe for
ordinary shares ("Options") to a director and certain employees and
consultants, as follows:
Paul Brenton (Director and Chief Executive Officer)
2,000,000
Jonathan McTaggart (Chief Operating Officer of MRS Services Group) 1,000,000
Shaun Fraser (General Manager of Civil and Earthworks Division)
500,000
Other employees and consultants
3,400,000
The Options may be exercised in whole or in part at any time up
to the seventh anniversary of grant at a price of 7p per option,
subject to the overriding condition that no Option may be exercised
unless the quoted price of the Company's ordinary shares is at
least 15p.
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
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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