8th Feb 2016 09:12
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:
RM2 International S.A. | +44 (0)20 8820 1412 |
John Walsh, Chief Executive Officer Jean-Francois Blouvac, Chief Financial Officer | |
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