REG-RM plc RM plc: Proposed sale of the RM Integris and RM Finance Business - Result of General Meeting

RMAnnouncement

19/04/2023 14:30

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   RM plc (RM.)
   RM plc: Proposed sale of the RM Integris and RM Finance Business - Result
   of General Meeting

   19-Apr-2023 / 14:28 GMT/BST

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   19 April 2023

                                        

                                     RM plc

                                        

            Proposed sale of the RM Integris and RM Finance Business

                                        

                           Result of General Meeting

                                        

    

   RM plc (LSE: RM) ("RM" or the "Company") announced on 28 November 2022 the
   proposed sale (the "Sale") of the  RM Integris and RM Finance Business  to
   The Key Support Services Limited.

    

   On 31  March 2023,  the Company  published its  shareholder circular  (the
   "Circular") in connection with the  Sale, including the Notice of  General
   Meeting.

    

   The Company is  pleased to announce  that the resolution  proposed at  the
   General Meeting of the Company, held earlier today, (the "Resolution") was
   duly passed  as  an ordinary  resolution.  Voting on  the  Resolution  was
   conducted by way of a poll. The  full text of the Resolution was  included
   in the Notice of General Meeting.

    

   The results of the poll votes in respect of the Resolution were as follows
   and will also be made available on the Company's website  1 www.rmplc.com:

    

              VOTES FOR    %    VOTES   %   VOTES TOTAL   % OF ISC    VOTES
                               AGAINST                     VOTED     WITHHELD
   Resolution 68,665,180 99.99   7,500 0.01  68,672,680        81.88  922,878

    

   Notes

    1. Any proxy appointments which  gave discretion to  the Chair have  been
       included in the "Total votes for" total.
    2. A "Vote Withheld"  is not  a valid  vote in  English law  and was  not
       counted in the  calculation of the  proportion of the  votes "For"  or
       "Against" a resolution.
    3. As at the date of the General Meeting the issued share capital of  the
       Company (the "ISC") was 83,875,016 Ordinary Shares.

    

   Accordingly, it is anticipated that the  Sale will be completed on 31  May
   2023. If this expected timeframe changes, the Company will give notice  of
   the changes in an announcement through a regulatory information service.

    

   A copy of the Resolution will today be submitted to the Financial Conduct
   Authority's National Storage Mechanism and will be available for
   inspection at  2 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    

    

   For more information, please contact:

    

   Howard Rubenstein

   Company Secretary

   RM plc

    3 Hrubenstein@rm.com

    

    

   Important notice

    

   This announcement is for information purposes only and does not constitute
   or form part  of any offer  to issue or  sell, or the  solicitation of  an
   offer to  acquire,  purchase  or  subscribe for,  any  securities  in  any
   jurisdiction and should not be relied upon in connection with any decision
   to subscribe  for  or  acquire  ordinary shares  in  the  capital  of  the
   Company.  In particular,  this announcement  does not  constitute or  form
   part of any offer  to issue or  sell, or the solicitation  of an offer  to
   acquire, purchase or subscribe for, any securities in the United States.

   This announcement has been issued by,  and is the sole responsibility  of,
   the Company. No person has been  authorised to give any information or  to
   make any representations other than  those contained in this  announcement
   and, if given  or made, such  information or representations  must not  be
   relied on as having been authorised by the Company.

   This announcement may include statements that are, or may be deemed to be,
   "forward-looking statements".   These  forward-looking statements  can  be
   identified by the use of forward-looking terminology, including the  terms
   "believes", "estimates",  "plans", "projects",  "anticipates",  "expects",
   "intends", "may",  "will", "would"  or "should"  or, in  each case,  their
   negative  or   other   variations  or   comparable   terminology.    These
   forward-looking statements include matters that are not historical  facts.
   They appear in a number of places throughout this announcement and include
   statements regarding the  directors of the  current Company's  intentions,
   beliefs or  expectations concerning,  among  other things,  the  Company's
   results of operations, financial condition, liquidity, prospects,  growth,
   strategies and the  Company's markets.  By  their nature,  forward-looking
   statements involve  risk and  uncertainty because  they relate  to  future
   events and  circumstances. Actual  results and  developments could  differ
   materially  from  those  expressed  or  implied  by  the   forward-looking
   statements. Forward-looking statements may and often do differ  materially
   from actual results. Any  forward-looking statements in this  announcement
   are based on certain factors  and assumptions, including the directors  of
   the Company's current view with respect  to future events and are  subject
   to risks  relating to  future events  and other  risks, uncertainties  and
   assumptions relating to the  Company's operations, results of  operations,
   growth strategy  and  liquidity.  Whilst  the  directors  of  the  Company
   consider  these  assumptions  to  be  reasonable  based  upon  information
   currently available, they may prove to  be incorrect. Save as required  by
   applicable law or the Listing Rules of the Financial Conduct Authority  or
   the Disclosure Guidance  and Transparency Rules  of the Financial  Conduct
   Authority, the Company  undertakes no obligation  to release publicly  the
   results of  any  revisions  to  any  forward-looking  statements  in  this
   announcement that may  occur due  to any change  in the  directors of  the
   Company's expectations or  to reflect  events or  circumstances after  the
   date of this announcement.

   Neither the content of the Company's website nor any website accessible by
   hyperlinks to the Company's website is incorporated in, or forms part  of,
   this announcement.

   All references to  time in  this announcement  are to  London time  unless
   otherwise stated.

   Capitalised terms used  in the Circular  shall have the  same meanings  in
   this announcement.

    

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           GB00BJT0FF39
   Category Code:  ROM
   TIDM:           RM.
   LEI Code:       2138005RKUCIEKLXWM61
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   238127
   EQS News ID:    1611947


    
   End of Announcement EQS News Service

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    4 fncls.ssp?fn=show_t_gif&application_id=1611947&application_name=news&site_id=refinitiv

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=70ee3eec02ae52eabd1a0828971495c4&application_id=1611947&site_id=refinitiv&application_name=news
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1e84eb6c3310c93f7fb161c09372521b&application_id=1611947&site_id=refinitiv&application_name=news
   3. mailto:Hrubenstein@rm.com


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