RM2 International SA Award of Options (3690O)

TIDMRM2

RNS Number : 3690O

RM2 International SA

08 February 2016

8 February 2016

RM2 International S.A.

Award of Options

RM2 International S.A. ("RM2" or "the Company"), resolved on 2 February 2016 to award options over 1,000,000 of its ordinary shares of 0.01 USD each under its 2013 Stock Option and Incentive Plan to Jean-François Blouvac, its Chief Financial Officer and a director of the Company. The options have an exercise price of 31p, being the closing mid-market share price on 2 February 2016, and duration of 10 years. The options will vest on the third year anniversary date of their grant, but cannot be exercised until the stock closes above a thirty-day average closing price of 100p.

For further information please contact:

 
                                  [phone] 
 RM2 International S.A.            1412 
 John Walsh, Chief Executive 
  Officer 
  Jean-Francois Blouvac, Chief 
  Financial Officer 
 
                                  [phone] 
 RBC Capital Markets               4000 
 Tristan Lovegrove 
  Pierre Schreuder 
 Ema Jakasovic 
                                  [phone] 
 Citigate Dewe Rogerson            9571 
 Simon Rigby 
  Kevin Smith 
  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

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February 08, 2016 04:12 ET (09:12 GMT)