We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRM2
RNS Number : 6940K
RM2 International SA
11 July 2017
11 July 2017
RM2 International S.A.
("RM2" or the "Company")
Award of Restricted Shares and Options to New CEO and management
RM2 International S.A., the sustainable composite pallet innovator, announces the award of restricted ordinary shares of USD0.01 each ("Ordinary Shares") to its executive directors and options over its Ordinary Shares under its 2013 Stock Option and Incentive Plan to its new CEO on July 6, 2017. The options have an exercise price of 13.8p, being the volume weighted average mid-market closing share price over the five trading days from 29 June to 5 July 2017 inclusive (the "Options"). The Options will vest and the restricted shares will become freely tradeable on the earlier of (i) the third anniversary of their grant date or (ii) the change of control or takeover of the Company by a third-party. The Options will not be exercisable and the restricted Ordinary Shares will be restricted from sale until such time as the volume-weighted average quoted share price equals or exceeds for thirty days the lower of (i) 50p or (ii) 2.5 times the offering price of an Ordinary Share placement (the "Vesting Conditions"). A further 2,000,000 restricted Ordinary Shares with the same Vesting Conditions were awarded to a key employee.
The number of equity awards for the Executive Directors are set out below:
Name of Executive Director Award Restricted Shares Options Jasper Judd, CEO 2,500,000 10,000,000 Jeff Blouvac, CFO 1,500,000
Separately, 19,000 restricted Ordinary Shares issued under the 2013 Stock Option and Incentive Plan were forfeited following the departure of an employee, which will now be held as non-voting treasury stock.
Admission to trading
Application has been made to the London Stock Exchange for the admission to trading on AIM of the 6,000,000 newly issued restricted Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue (the "Restricted Shares"). Admission of the Restricted Shares is expected to become effective on 17 July 2017 ("Admission").
Following Admission, the Company's issued share capital will be composed of 407,062,656 Ordinary Shares and 88,499,998 Convertible Preferred Shares of US$0.01 each in the capital of the Company, of which 416,334 Ordinary Shares are held by the Company as non-voting treasury stock. The total number of voting rights in the Company is 495,146,320. This figure of 495,146,320 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
The Ordinary Shares are listed on the AIM Market of the London Stock Exchange.
For further information, please contact:
+44 (0)20 7638 RM2 International S.A. 9571 Jasper Judd, Chief Executive Officer Jean-Francois Blouvac, Chief Financial Officer Strand Hanson Limited (Nominated +44 (0) 20 7409 & Financial Adviser) 3494 James Spinney Ritchie Balmer James Bellman +44 (0)20 3829 Zeus 5000 John Goold +44 (0)20 7614 Arden Partners 5928 Ruari McGirr Chris Hardie +44 (0)20 7638 Citigate Dewe Rogerson 9571 Simon Rigby Ellen Wilton
PDMR Notification Forms:
1. Details of the person discharging managerial responsibilities / person closely associated --- ------------------------------------------------------------------ a) Name Jasper Judd --- ------------------------------- --------------------------------- 2. Reason for the Notification --- ------------------------------------------------------------------ a) Position/status Chief Executive Officer --- ------------------------------- --------------------------------- b) Initial notification/amendment Initial notification --- ------------------------------- --------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------------------ a) Name RM2 International S.A. --- ------------------------------- --------------------------------- b) LEI 2138006GGXWNLZQ48533 --- ------------------------------- --------------------------------- 4. Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted --- ------------------------------------------------------------------ a) Description of the Restricted Ordinary Shares Financial instrument, of USD0.01 in the Company type of instrument --- ------------------------------- --------------------------------- Identification code LU0994178464 --- ------------------------------- --------------------------------- b) Nature of the Transaction Receipt of Restricted Shares --- ------------------------------- --------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) --------- ---------- $0.01 2,500,000 --------- ---------- --- ------------------------------- --------------------------------- d) Aggregated information N/A (Single transaction) Aggregated volume $25,000 Price --- ------------------------------- --------------------------------- e) Date of the transaction 06 July 2017 --- ------------------------------- --------------------------------- f) Place of the transaction Outside a trading venue --- ------------------------------- --------------------------------- 1. Details of the person discharging managerial responsibilities / person closely associated --- ------------------------------------------------------------------ a) Name Jasper Judd --- ------------------------------- --------------------------------- 2. Reason for the Notification --- ------------------------------------------------------------------ a) Position/status Chief Executive Officer --- ------------------------------- --------------------------------- b) Initial notification/amendment Initial notification --- ------------------------------- --------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------------------ a) Name RM2 International S.A. --- ------------------------------- --------------------------------- b) LEI 2138006GGXWNLZQ48533 --- ------------------------------- --------------------------------- 4. Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted --- ------------------------------------------------------------------ a) Description of the Options over Ordinary Shares Financial instrument, of USD0.01 in the Company type of instrument --- ------------------------------- --------------------------------- Identification code LU0994178464 --- ------------------------------- --------------------------------- b) Nature of the Transaction Receipt of options over Ordinary Shares --- ------------------------------- --------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) ---------- ----------- GBP0.138 10,000,000 ---------- ----------- --- ------------------------------- --------------------------------- d) Aggregated information N/A (Single transaction) Aggregated volume Price --- ------------------------------- --------------------------------- e) Date of the transaction 06 July 2017 --- ------------------------------- --------------------------------- f) Place of the transaction N.A. --- ------------------------------- --------------------------------- 1. Details of the person discharging managerial responsibilities / person closely associated --- ---------------------------------------------------------------- a) Name Jean François Blouvac --- ------------------------------- ------------------------------- 2. Reason for the Notification --- ---------------------------------------------------------------- a) Position/status Chief Financial Officer --- ------------------------------- ------------------------------- b) Initial notification/amendment Initial notification --- ------------------------------- ------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ----------------------------------------------------------------
a) Name RM2 International S.A. --- ------------------------------- ------------------------------- b) LEI 2138006GGXWNLZQ48533 --- ------------------------------- ------------------------------- 4. Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted --- ---------------------------------------------------------------- a) Description of the Restricted Ordinary Shares Financial instrument, of USD0.01 in the Company type of instrument --- ------------------------------- ------------------------------- Identification code LU0994178464 --- ------------------------------- ------------------------------- b) Nature of the Transaction Receipt of Restricted Ordinary Shares --- ------------------------------- ------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) --------- ---------- $0.01 1,500,000 --------- ---------- --- ------------------------------- ------------------------------- d) Aggregated information N/A (Single transaction) Aggregated volume $15,000 Price --- ------------------------------- ------------------------------- e) Date of the transaction 06 July 2017 --- ------------------------------- ------------------------------- f) Place of the transaction Outside a trading venue --- ------------------------------- ------------------------------- 1. Details of the person discharging managerial responsibilities / person closely associated --- ---------------------------------------------------------------- a) Name Elizabeth Pauchet --- ------------------------------- ------------------------------- 2. Reason for the Notification --- ---------------------------------------------------------------- a) Position/status General Counsel --- ------------------------------- ------------------------------- b) Initial notification/amendment Initial notification --- ------------------------------- ------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ---------------------------------------------------------------- a) Name RM2 International S.A. --- ------------------------------- ------------------------------- b) LEI 2138006GGXWNLZQ48533 --- ------------------------------- ------------------------------- 4. Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted --- ---------------------------------------------------------------- a) Description of the Restricted Ordinary Shares Financial instrument, of USD0.01 in the Company type of instrument --- ------------------------------- ------------------------------- Identification code LU0994178464 --- ------------------------------- ------------------------------- b) Nature of the Transaction Receipt of Restricted Ordinary Shares --- ------------------------------- ------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) --------- ---------- $0.01 2,000,000 --------- ---------- --- ------------------------------- ------------------------------- d) Aggregated information N/A (Single transaction) Aggregated volume $20,000 Price --- ------------------------------- ------------------------------- e) Date of the transaction 06 July 2017 --- ------------------------------- ------------------------------- f) Place of the transaction Outside a trading venue --- ------------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHGGUPPMUPMUMG
(END) Dow Jones Newswires
July 11, 2017 03:23 ET (07:23 GMT)
1 Year Rm2 Chart |
1 Month Rm2 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions