MRS Management Resource Solutions Plc

TIDMMRS

RNS Number : 8712C

Management Resource Solutions PLC

20 June 2019

20 June 2019

Management Resource Solutions plc

("MRS" or the "Company")

Appointment of Non-Executive Director

Management Resource Solutions plc (AIM: MRS), a leading Maintenance, Fabrication, Civil and Earthworks company is pleased to announce the appointment to the Board of Robert Hackett as Non-Executive Director.

Robert has extensive experience across a variety of sectors, particularly in the mining and energy industries, where he has held various senior executive positions. Whilst CEO of MB Petroleum Services, Robert helped to drive an increase in the company's profit margin from 4% to 19% through a cost reduction programme, amongst other measures. Whilst CEO of Century Drilling he was in charge of turning the business' operational, cash flow and strategic underperformance around. From 2011 to 2014 Robert took up the role of Non-Executive Chairman for Hughes Drilling Ltd, during which time he played an integral part in the business' transformation, laying the groundwork for its subsequent merger with a private business.

Paul Brenton, CEO of Management Resource Solutions, commented:

"We are delighted to have an individual of Robert's calibre join the board. His breadth and depth of experience in helping natural resources companies transform their operations and his proven track record in driving operational cost reductions will be invaluable to MRS. His appointment further strengthens our Board as the Company continues to make good progress on its growth path."

The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:

Full name: Robert Maxwell Hackett

Age: 64

Current Directorships / Partnerships: Strathlyn Investment PTY Limited.

Past Directorships / Partnerships (past 5 years): Hughes Drilling Limited.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

ENDS

For further information:

 
Management Resource Solutions plc    via FTI Consulting 
 John Zorbas, Chairman                Tel: +44 (0) 20 
 Paul Brenton, CEO                    3727 1000 
 Tim Jones, Finance Director 
Arden Partners plc (NOMAD & Broker)  Tel: +44 (0) 20 
 Tom Price                            37614 5900 
 Alex Penney 
 Maria Gomez de Olea 
FTI Consulting (Financial PR)        Tel: +44 (0) 20 
 Alex Beagley                         3727 1000 
 James Styles 
 

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

BOAGLGDLIUDBGCG

(END) Dow Jones Newswires

June 20, 2019 03:01 ET (07:01 GMT)

Management Resource Solu... (LSE:MRS)
Historical Stock Chart
From Jun 2024 to Jul 2024

Management Resource Solu... (LSE:MRS)
Historical Stock Chart
From Jul 2023 to Jul 2024