RM2 International SA EGM Resolutions Passed (3042X)
February 20 2017 - 4:22AM
UK Regulatory
TIDMRM2
RNS Number : 3042X
RM2 International SA
20 February 2017
20 February 2017
RM2 International S.A.
EGM Resolutions Passed
RM2 International S.A. ("RM2" or the "Company"), the
vertically-integrated pallet innovator, confirms that all of the
resolutions put to shareholders at the Company's Extraordinary
General Meeting of Shareholders held today were duly passed.
Shareholders inter alia: authorised the Company's directors to
issue a further US$20 million in aggregate of convertible preferred
shares; updated the Company's articles of association to reflect
recent changes in Luxembourg law, including the ability to convene
shareholders by means other than registered letters; reset the
Employee Share Options Plan authorisation to an aggregate of 17
million shares; and created a nomenclature to distinguish the
convertible preferred shares issued on 27 July 2016 from
later-issued convertible preferred shares.
John Walsh, RM2 CEO, said, "We are happy with progress we have
made with our production partners and we have recently announced
agreements with major North American corporations. We look forward
to updating the market in the near future on production and
customers in the near future."
More information can be found in the board of directors' report
to the extraordinary general meeting of shareholders on the
Company's website.
For further information, please contact:
+44 (0)20
RM2 International S.A. 8820 1412
John Walsh, Chief Executive Officer
Jean-Francois Blouvac, Chief Financial
Officer
Strand Hanson Limited (Nominated +44 (0) 20
& Financial Adviser) 7409 3494
James Spinney
Ritchie Balmer
James Bellman
+44 (0) 20
Zeus Capital Limited (Joint Broker) 3829 5000
Giles Balleny
Hugh Kingsmill Moore
+44 (0) 20
RBC Capital Markets (Joint Broker) 7653 4000
Tristan Lovegrove
Ema Jakasovic
+44 (0)20
Citigate Dewe Rogerson 7638 9571
Simon Rigby
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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