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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rm2 International S.a. | LSE:RM2 | London | Ordinary Share | LU1914372336 | ORD USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRM2
RNS Number : 7089F
RM2 International SA
29 July 2016
29 July 2016
RM2 International S.A.
Issuance of Convertible Preferred Shares
RM2 International S.A. ("RM2" or the "Company"), the vertically-integrated innovator in pallet development, manufacture, supply and management, today confirms that as announced on June 30, 2016 and pursuant to the authorization granted at the EGM held on July 22, 2016, the Company issued 42,328,042 Convertible Preferred Shares of $US0.01 in the capital of the Company at GBP0.35 per share, raising $20 million. Shareholders also authorized the issuance of additional Convertible Preferred Shares, enabling the Company to raise up to a further $10 million should it so elect.
RM2's issued share capital is composed of 400,305,156 Ordinary Shares of US$0.01 each and 42,328,042 Convertible Preferred Shares of $US0.01 in the capital of the Company, of which 342,334 Ordinary Shares are held by the Company as non-voting treasury stock. The total number of voting rights in the Company is 442,290,864. The Ordinary Shares are listed on the AIM Market of the London Stock Exchange. Application for listing the Convertible Preferred Shares on AIM is expected to be made in due course.
For further information please contact:
+44 (0)20 8820 RM2 International S.A. 1412 John Walsh, Chief Executive Officer Jean-Francois Blouvac, Chief Financial Officer +44 (0)20 7653 RBC Capital Markets 4000 Tristan Lovegrove Pierre Schreuder Ema Jakasovic +44 (0)20 7638 Citigate Dewe Rogerson 9571 Rob Newman Ellen Wilton
Notes to Editors
RM2 International S.A. specialises in pallet development, manufacture, supply and management to establish a leading presence in global pallet supply and improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets. It is quoted on the AIM market of the London Stock Exchange under the symbol RM2.L.
For further information, please visit www.rm2.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 29, 2016 08:36 ET (12:36 GMT)
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