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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rm Plc | LSE:RM. | London | Ordinary Share | GB00BJT0FF39 | ORD 2 2/7P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 71.25 | 68.50 | 74.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computers & Software-whsl | 195.19M | -29.1M | -0.3496 | -2.05 | 59.53M |
TIDMRM.
RNS Number : 8246X
RM PLC
24 February 2017
24 February 2017
RM plc
("RM" or the "Company")
PROPOSED ACQUISITION OF THE EDUCATION & CARE BUSINESS OF CONNECT GROUP PLC
PUBLICATION OF SHAREHOLDER CIRCULAR
On 7 February 2017, RM announced the proposed acquisition of the Education & Care business of Connect Group PLC for a consideration of GBP56.5 million on a cash and debt free basis, subject to customary adjustments (the "Acquisition").
RM today announces that a circular (the "Circular") in relation to the Acquisition has been published today. The Circular contains, amongst other things, a notice convening a general meeting of the Company to be held on Wednesday, 22 March 2017 at 140 Eastern Avenue, Milton Park, Abingdon, Oxon, OX14 4SB. The General Meeting will start at midday or, if later, immediately following the conclusion of the AGM also being held on that date.
The Circular and associated form of proxy have today been submitted to the National Storage Mechanism, where they will shortly be available for viewing at www.morningstar.co.uk/uk/NSM. The Circular is also available to view or download on the Company's website at www.rmplc.com. Hard copies will be posted shortly to those Shareholders who have elected to receive paper communications.
Capitalised terms used in the Circular shall, unless the context provides otherwise, have the same meanings in this announcement.
Expected timetable of principal events
Publication of the Circular 24 February 2017 ----------------------------- ------------- Latest time and date for Midday on 20 receipt of Forms of Proxy March 2017 ----------------------------- ------------- General Meeting Midday on 22 March 2017 (see note 1 below) ----------------------------- ------------- Expected date for Completion First half of the Acquisition of 2017 ----------------------------- -------------
Notes:
1. The General Meeting is intended to start at midday on 22 March 2017. The AGM is scheduled to start at 11.30 a.m. on 22 March 2017. If the AGM has not concluded by midday, the General Meeting will start immediately following the conclusion of the AGM.
2. References to times are to London Time.
3. If any of the above times or dates should change, the revised times and/or dates will be notified to shareholders by an announcement through a Regulatory Information Service.
For more information, please contact:
Greg Davidson
Company Secretary
RM plc 08450 700300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
February 24, 2017 09:00 ET (14:00 GMT)
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