Management Resource Solutions PLC noted that the London Stock Exchange has published details of a censure of the company and a fine of £125,000 for historic breaches of the AIM Rules, discounted to £85,000 for early settlement of the proceedings. The Exchange states in its announcement that since the events that are the subject of this censure: save for the finance director, the company has a new board; when the matter was brought to the attention of the finance director, the nominated adviser was immediately made aware of the issues and action was taken; none of the current members of the board bear any responsibility for these breaches.