TIDMRM2

RNS Number : 6027S

RM2 International SA

25 September 2014

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 
 
 Cenkos Securities plc                        +44 (0)20 7397 8900 
 Neil McDonald 
  Alan Stewart 
 
 
 RBC Capital Markets                          +44 (0)20 7653 4000 
 Stephen Foss 
  Pierre Schreuder 
 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

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSBGGDCXGDBGSU

Rm2 (LSE:RM2)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Rm2 Charts.
Rm2 (LSE:RM2)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Rm2 Charts.