Management Res. Sol. notes GM requisition

Management Resource Solutions said that, on Jan. 6, 2017, it received a requisition of a general meeting from Pershing Nominees on behalf of SCOPN Pty Ltd, a company controlled by the former CEO, Paul Morffew.

The requisition requires that the Company put to shareholders resolutions to:

- Amend the Company's articles of association so that there shall be no less than 2 and no more than 5 directors, unless otherwise authorised by shareholders, and that all directors must stand for re-election at every general meeting or annual general meeting of the Company; and

- Appoint two new directors nominated by SCOPN to the board with immediate effect.

A circular to shareholders convening this general meeting, containing full details of the resolutions proposed by Mr Morffew and the directors' recommendation in respect of them, will be published in due course.