RM PLC
29 June 2006
29 June 2006
RM plc - purchase of own shares
RM plc announces that yesterday it purchased for cancellation 10,250 ordinary
shares of 2p each at an average price of 152.9p per share. The highest price
paid was 153p; the lowest price paid was 152p. The shares purchased represent
approximately 0.01% of the Group's issued share capital.
For further information contact:
Mike Greig/Phil Hemmings, RM plc 08709 200200
Mark Antelme/Fiona Laffan, Brunswick 0207 404 5959
Notes:
A special resolution was passed at RM's AGM on 23 January 2006 renewing the
Group's permission to make market purchases of up to a total 9,072,970 shares
(10% of shares in issue).
The Group last repurchased shares in 2002. During that year it purchased
4,680,088 shares, representing 4.96% of the then issued share capital.
RM is strongly cash generative, with net cash inflow from operating activities
during the first half of the current financial year of £10.7 million. At the
end of the first half of the year (31 March 2006) cash and cash equivalents
stood at £24.5 million.
This information is provided by RNS
The company news service from the London Stock Exchange AR
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.