Investor Centre

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 can be found on the following websites

Group http://mrsplc.net/

MRS Services Group http://www.mrssg.net/

Bachmann Plant Hire http://www.bph.net.au/

The most recent RNS announcements can be found by clicking here.

Management Resource Solutions plc was admitted to London’s Alternative Investment Market (AIM) on 11 December 2014.

We welcome our shareholders and aim to keep them informed on our objectives, strategy and performance. This website complies with AIM Rule 26 regulations checklist.

FTSE sector Support Services
FTSE sub-sectorBusiness Support Services
Core activitiesSupport services for the mining and construction sectors
Area of activity Australia
Country of share registerGB
EPIC MRS
Index AIM
SEDOL BTC2W88
ISIN numberGB00B8BL4R23
Year end 30 June
Company number 8046513
LEI 213800Q2UE1H9OW1ND66

Shareholder services

Shareholder services are provided by our registrars.

Equiniti, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA, United Kingdom

SHAREHOLDER HELPLINE

UK callers: 0371 384 2030
International callers: +44 121 415 7047

Twitter: @AskEquiniti

www.equiniti.com

Equiniti cannot provide any investment, financial, legal or tax advice.

Major shareholders

The information below was accurate at 3 April 2018

Number of shares in issue: 182,946,002

Percentage of shares not in public hands: 20.46%

There are no restrictions on the transfer of the Company’s securities

Identity and holdings of significant shareholders and Directors

ShareholderNumber of Shares Percentage Issued
Leon Hogan 17,574,467 9.61%
URU Metals Ltd 17,550,000 9.59%
Karrabin Investments Pty Ltd12,779,4036.98%
Paul and Santina Morffew7,620,2964.17%
Daniel Smith 7,520,1234.11%
Mohammad Arshad Munir 7,247,3093.96%
Macquarie Bank Ltd 6,752,944 3.69%
Dr Nigel Burton 6,500,0003.55%
John Zorbas (Director)2,569,080 1.40%
Tim Jones (Director) 480,5730.26%

Directors

Board Membership
John Zorbas (Non-Executive Chairman)
Paul Brenton (Chief Executive Officer)
Tim Jones (Finance Director)

Advisers and registrars
Nominated Adviser and Joint Broker
Northland Capital Partners Limited
60 Gresham Street, 4th Floor
London, EC2V 7BB
Tel: +44 (0) 20 3861 6625
Fax: +44 (0) 20 7600 5975
Email: info@northlandcp.co.uk
www.northlandcp.co.uk

Joint Broker
Peterhouse Corporate Finance
3rd Floor
New Liverpool House
15 Eldon Street
London
EC2M 7LD
Tel: +44 (0) 20 7469 0930
Fax: +44 (0) 20 7220 9798
Email: info@pcorpfin.com
http://pcorpfin.com/

Legal adviser – UK
Memery Crystal LLP
44 Southampton Buildings
London WC2A 1AP
Tel: +44 (0) 20 7242 5905
Fax: +44 (0) 20 7242 2058
DX 156 Chancery Lane
www.memerycrystal.com

Legal adviser – Australia
McCullough Robertson
Level 32
MLC Centre, 19 Martin Place
Sydney NSW 2000
Tel: +61 2 8241 5600
Fax: +61 2 8241 5699
Email: info@mccullough.com.au
www.mccullough.com.au

Auditor and Reporting Accountant – UK
James Cowper Kreston
Reading Bridge House
George Street
Reading
RG1 8LS
Tel: +44 (0)118 9590261
www.jamescowperkreston.co.uk

Reporting Accountant – Australia
WPIAS
4 Helensvale Road
Helensvale QLD 4212
Australia
Tel: +61 7 5580 4700
Fax: +61 7 5580 4777
Email: info@wpias.com.au

Home

Registrars

Equiniti Limited
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
Tel: 0371 384 2030 (UK only)
Tel: +44 121 415 7047 (International callers)
www.equiniti.com

Regulatory News

All RNS announcements made by the Company are included on the following pages, organised by calendar year, with the most recent announcements appeaing first on each page.

Governance

The Directors are responsible for the stewardship of the Company and for overseeing the conduct of the business of the Company and the activities of management, who are responsible for the day-to-day conduct of the business

The Company is committed to high standards of corporate governance. Although the Company, as an AIM quoted Company, is not required to comply with the Revised Combined Code (“The Code”) on Corporate Governance, the Directors support high standards of corporate governance and, in so far as is practical given the Company’s size, have implemented the following corporate governance provisions.

All the Directors bring independent judgement to bear on issues affecting the Company and all have full and timely access to information necessary to enable them to discharge their duties. The Directors have a wide and varying array of experience in industry.

All Directors receive full Board papers in sufficient time before Board meetings, and any further supporting papers and information are readily available to all Directors on request.

The Non-Executive Directors are independent of management and have no material relationship with the Company.

The Directors’ primary responsibilities are to preserve and enhance long-term shareholder value and to ensure that the Company can meet its obligations on an on-going basis and that it continues to operate in a reliable and safe manner. The stewardship of the Company involves the Directors in strategic planning, key investment decisions, risk management and mitigation, senior management determination and assessment, communication planning and internal control integrity.

Management are responsible for the day to day operational affairs and decisions in accordance with the strategy, direction and business standards set by the Directors. Management reports to the Directors on a formal basis at least four times a year and there is frequent informal contact between the management and the Directors. The Directors will comply with the principles of the Combined Code in so far as is practicable and commensurate with the size of the Company, the stage of its development and the interests of Shareholders.

The Directors will take all necessary steps to ensure compliance by the Directors and applicable employees with Rule 21 of the AIM Rules for Companies. The Group has adopted a share dealing code which is on the same terms as the Model Code on share dealings set out in the Listing Rules made under Section 73A of FSMA 2000 as in force as at the date hereof and this share dealing code applies to the Directors and all relevant employees of the Group.

The Directors currently have in place three committees of Directors – an Audit Committee, a Remuneration Committee and a Nominations Committee, each of which operates within written terms of reference approved by the Directors. Brief details of each committee are set out below.

Audit Committee
The Audit Committee’s mandate includes, among other duties and responsibilities: monitoring the financial reporting process and systems of internal control; monitoring the independence and performance of the external auditors; and, reviewing internal and year-end financial statements and other legal and regulatory filings for approval by the Board of Directors.
The committee comprises: Nigel Burton (Chairman), Tim Jones and John Zorbas.

Remuneration Committee
The Remuneration Committee’s mandate is to set the over-arching principles, parameters and governance framework of the Company’s remuneration policy and the remuneration of Senior Executives.
The committee comprises: Tim Jones (Chairman), John Zorbas and Nigel Burton.

Nominations Committee
The Nominations Committee’s mandate is to review the structure, size and composition of the Board and its Committees, and to review succession planning for Board and Senior Management.
The committee comprises: John Zorbas (Chairman), Nigel Burton and Tim Jones.

Presentations

The Group has changed considerably since mid 2016, with the acquisition of the SubZero business (now known as MRS Services Group), the closure of the former MRS business, material changes to the Board and a significant fundraising in April 2017. Therefore these investor presentations may be of only limited relevance to the current business of the Group.

MRS Investor Presentation – 1 December 2016 MRS Investor Presentation – August 2016 

Research reports

The Company has paid fees to Align Research to produce these research reports, however the content is not controlled by the Company and may therefore be regarded as independent research.

MRS Align Research – 11 May 2017 Align Research to vote in favour of all resolutions – 2 February 2017 MRS Align Research – 8 September 2016 

Articles of Association

The current Articles of Association below are as amended on 4 July 2014 and filed at Companies House.

MRS Articles of Association as amended 4 July 2014 

Contact us

Management Resource Solutions plc
c/o
8th Floor
Reading Bridge House
Reading
RG1 8LS

Phone: +44 7966 442985
E-mail: info@mrsplc.info