- Management Resource Solutions said it would commission an independent report to assess its recent acquisition of Alerion Consulting.

Separately, the company said it had also asked its legal advisors to prepare a report responding to concerns from a 'number' of shareholder about potential conflicts of interest.

'The board is confident that the acquisition represents an excellent opportunity for Management Resource Solutions and that the consideration paid for Alerion will provide an uplift in shareholder value and earnings per share over time,' the company said.

'The board is commissioning an independent report on the bases and assumptions underlying their valuation of Alerion, the overall conclusions of which will be communicated to shareholders in due course.'

'A further announcement will be made on appointment of the firm engaged to undertake the independent work.'

At 9:26am: [LON:MRS] Management Resource Solutions Plc share price was +0.3p at 2.9p

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