RM2 International SA Issuance of Convertible Preferred Shares - Amended (8673F)
01 August 2016 - 11:14PM
UK Regulatory
TIDMRM2
RNS Number : 8673F
RM2 International SA
01 August 2016
01 August 2016
RM2 International S.A.
Issuance of Convertible Preferred Shares (Correction)
The announcement released by RM2 International S.A. entitled
"Issuance of Convertible Preferred Shares" on 29 July 2016 at 13.36
incorrectly stated the number of Ordinary Shares held by the
Company as non-voting treasury stock and the total number of voting
rights in the Company. The correct figures are included in the
announcement below:
RM2 International S.A. ("RM2" or the "Company"), the
vertically-integrated innovator in pallet development, manufacture,
supply and management, today corrects data in the previous
announcement that as announced on June 30, 2016 and pursuant to the
authorization granted at the EGM held on July 22, 2016, the Company
issued 42,328,042 Convertible Preferred Shares of $US0.01 in the
capital of the Company at GBP0.35 per share, raising $20 million.
Shareholders also authorized the issuance of additional Convertible
Preferred Shares, enabling the Company to raise up to a further $10
million should it so elect.
RM2's issued share capital is composed of 400,305,156 Ordinary
Shares of US$0.01 each and 42,328,042 Convertible Preferred Shares
of $US0.01 in the capital of the Company, of which 379,334 Ordinary
Shares are held by the Company as non-voting treasury stock. The
total number of voting rights in the Company is 442,253,864. The
Ordinary Shares are listed on the AIM Market of the London Stock
Exchange. Application for listing the Convertible Preferred Shares
on AIM is expected to be made in due course.
For further information please contact:
+44 (0)20 8820
RM2 International S.A. 1412
John Walsh, Chief Executive
Officer
Jean-Francois Blouvac, Chief
Financial Officer
+44 (0)20 7653
RBC Capital Markets 4000
Tristan Lovegrove
Pierre Schreuder
Ema Jakasovic
+44 (0)20 7638
Citigate Dewe Rogerson 9571
Rob Newman
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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