25th Sep 2014 11:04
RM2 International S.A.
Director / PDMR Shareholding
RM2 International S.A. ("RM2" or the "Company"), the vertically-integrated innovator in pallet development, manufacture, supply and management, confirms that it has issued 1,000,000 ordinary shares of $0.01 each (the "New Ordinary Shares") to Jean-Francois Blouvac, Chief Financial Officer of the Company, as part of his equity incentive arrangements.
Following the issue of the New Ordinary Shares, M Blouvac has an interest in a total of 1,000,000 ordinary shares, representing 0.31 per cent. of the issued share capital of the Company, as enlarged by the issue. The New Ordinary Shares are subject to the restrictions applicable to Restricted Shares detailed in paragraphs 6.2 of Part VII of the Admission Document dated 17 December 2013.
Application has been made to the London Stock Exchange for the New Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM, and admission is expected to become effective on 30 September 2014.
Following admission of the New Ordinary Shares, the Company will have 322,777,156 Ordinary Shares outstanding. The figure of 322,777,156 Ordinary Shares 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.
For further information:
RM2 International S.A. | +44 (0)20 8820 1412 | |
John Walsh, Chief Executive Officer Jean-Francois Blouvac, Chief Financial Officer Ruari McGirr, Strategic Development and Investor Relations
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Cenkos Securities plc | +44 (0)20 7397 8900 | |
Neil McDonald Alan Stewart | ||
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RBC Capital Markets | +44 (0)20 7653 4000 | |
Stephen Foss Pierre Schreuder
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Citigate Dewe Rogerson | +44 (0)20 7638 9571 | |
Simon Rigby Kevin Smith Shelly Chadda | ||
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