5th Nov 2015 07:00
5 November 2015
RM2 International S.A.
Award of Options
RM2 International S.A. ("RM2" or the "Company"), resolved on 3 November 2015 to award options over its ordinary shares of 0.01 USD each under its 2013 Stock Option and Incentive Plan to its non-executive directors. The options have an exercise price of 46.5p, being the closing share price on 2 November 2015, and duration of 10 years. The options will vest over a 3 year period in equal annual instalments but cannot be exercised until the stock closes above a thirty day average closing price of 100p.
The options awarded to the non-executive directors are as follows:
Name of Non-Executive Director | Number of Options Awarded |
R. Ian Molson | 2 250 000 |
Jan Dekker | 750 000 |
Lord Rose | 750 000 |
Amaury de Seze | 750 000 |
Paul Walsh | 750 000 |
Charles Duro | 250 000 |
For further information please contact:
RM2 International S.A. | +44 (0)20 8820 1412 |
John Walsh, Chief Executive Officer Jean-Francois Blouvac, Chief Financial Officer Ruari McGirr, Head of Planning and Communication | |
RBC Capital Markets | +44 (0)20 7653 4000 |
Tristan Lovegrove Pierre Schreuder | |
Ema Jakasovic
| |
Citigate Dewe Rogerson | +44 (0)20 7638 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
Related Shares:
RM2.L