RM2 International SA Issue of Equity (1080E)
April 04 2014 - 7:18AM
UK Regulatory
TIDMRM2
RNS Number : 1080E
RM2 International SA
04 April 2014
RM2 International S.A.
Issue of Equity
RM2 International S.A. ("RM2" or the "Company") announces that,
on 3 April 2014, it issued a total of 900,000 ordinary shares of
$0.01 each in the Company (the "New Ordinary Shares") to certain
employees as part of equity incentive arrangements.
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 10 April 2014.
Following admission, the Company will have 319,460,156 Ordinary
Shares outstanding. The figure of 319,460,156 common 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 Services Authority's Disclosure and Transparency
Rules.
The New Ordinary Shares are subject to the lock-in arrangements
detailed in paragraph 12 (l) of Part VII of the Admission Document
dated 17 December 2013. In addition, pursuant to the terms of the
equity incentive arrangements, any recipient of the New Ordinary
Shares shall not dispose of any of the New Ordinary Shares in any
manner prior to the third anniversary of their issuance date.
For further information please contact:
RM2 International S.A. +44 (0)20 8820 1412
John Walsh, Chief Executive Officer
Ash Mohindra, Chief Financial Officer
Ruari McGirr, Strategic Development and
Investor Relations
Cenkos Securities plc +44 (0)20 7397 8900
Neil McDonald
Alan Stewart
Beth McKiernan
Citigate Dewe Rogerson +44 (0)20 7638 9571
Simon Rigby
Kevin Smith
Lindsay Noton
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOELZLFBZZFFBBQ
Rm2 (LSE:RM2)
Historical Stock Chart
From Jun 2024 to Jul 2024
Rm2 (LSE:RM2)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Rm2 International S.a. (London Stock Exchange): 0 recent articles
More RM2 Int News Articles