RM

RM plc: Director/PDMR Performance Share Plan Award

Retrieved on: 
Wednesday, April 10, 2024

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Key Points: 
  • Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
    Description of the financial instrument, type of instrument
    Grant of an award of nil-cost options over RM plc ordinary shares under the rules of the RM plc Performance Share Plan 2019.

RM plc: Publication of 2023 Annual Report and Financial Statements

Retrieved on: 
Wednesday, April 10, 2024

RM announces, in accordance with Listing Rules 9.6.1 and 9.6.3, that the Annual Report and Financial Statements for the year ended 30 November 2023 (the "Annual Report and Financial Statements 2023") have today been submitted to the Financial Conduct Authority via the National Storage Mechanism ("NSM"), where they will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Key Points: 
  • RM announces, in accordance with Listing Rules 9.6.1 and 9.6.3, that the Annual Report and Financial Statements for the year ended 30 November 2023 (the "Annual Report and Financial Statements 2023") have today been submitted to the Financial Conduct Authority via the National Storage Mechanism ("NSM"), where they will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
  • In accordance with Disclosure Guidance and Transparency Rule ("DTR") 6.3.5R(1A), the regulated information required under DTR 6.3.5 is available in unedited full text within the Annual Report and Financial Statements 2023 as uploaded and available on the NSM and on the Company's website as noted above.
  • The date for the Company's 2024 Annual General Meeting (the "AGM") and the notice of AGM will be published on the Company's website and distributed to shareholders in due course.

RM plc: Director/PDMR Performance Share Plan Award

Retrieved on: 
Wednesday, April 10, 2024

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Key Points: 
  • Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
    Description of the financial instrument, type of instrument
    Grant of an award of nil-cost options over RM plc ordinary shares under the rules of the RM plc Performance Share Plan 2019.

RM plc: Final Results

Retrieved on: 
Wednesday, April 10, 2024

RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.

Key Points: 
  • RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.
  • Strategic Portfolio Roadmap of RM developed IP, products and solutions delivered to accreditors, educators and directly to learners for adjacent solutions.
  • Continuing operations excludes the results of the RM Integris and RM Finance businesses which were sold on 31 May 2023 and have been included in discontinued operations.
  • Plans to further simplify group, de-leverage, return to growth, and enrich the RM products and solutions to greater profitability.

RM plc: Notice of 2024 Annual General Meeting

Retrieved on: 
Wednesday, April 10, 2024

RM announces that the Notice of Annual General Meeting (“AGM”) has today been submitted to the National Storage Mechanism, where it will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Key Points: 
  • RM announces that the Notice of Annual General Meeting (“AGM”) has today been submitted to the National Storage Mechanism, where it will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
  • The Annual General Meeting (“AGM”) will be held at 10:30 am on Thursday, 9 May 2024 at 142B Park Drive, Milton Park, Milton, Abingdon, Oxfordshire, OX14 4SE.
  • Hard copies of the Notice of AGM have been posted to those RM shareholders who have elected to receive paper communications.

RM plc: Extension and amendment of Banking facility

Retrieved on: 
Wednesday, March 13, 2024

RM plc, (“RM”, the “Company”), a leading global educational technology, digital learning and assessment solution provider, announces that it has reached agreement with its lenders to extend its current facility by a further year to the end of July 2026.

Key Points: 
  • RM plc, (“RM”, the “Company”), a leading global educational technology, digital learning and assessment solution provider, announces that it has reached agreement with its lenders to extend its current facility by a further year to the end of July 2026.
  • All other requirements, including the fixed and floating charge and soft liquidity covenants, remain materially unchanged under the update.
  • "I am grateful for the continuing support of our lenders and the extension to our facility and amendment to the covenant tests.
  • RM is focused on delivering a consistently high-quality digital experience, acting as a trusted consultative partner to provide solutions that deliver real impact for learners worldwide.

Daythree Achieves Remarkable Growth, with a Record RM66.3 Million in Revenue

Retrieved on: 
Thursday, November 23, 2023

KUALA LUMPUR, Nov 23, 2023 - (ACN Newswire) - Daythree Digital Berhad ("Daythree" or the "Group"), a leading Global Business Services ("GBS") provider, has announced a robust year-to-date ("YTD") revenue of RM66.3 million, eclipsing the total revenue of RM65.1 million for FY2022.

Key Points: 
  • KUALA LUMPUR, Nov 23, 2023 - (ACN Newswire) - Daythree Digital Berhad ("Daythree" or the "Group"), a leading Global Business Services ("GBS") provider, has announced a robust year-to-date ("YTD") revenue of RM66.3 million, eclipsing the total revenue of RM65.1 million for FY2022.
  • This impressive performance is anchored by the Energy and Utilities segment, contributing RM28.9 million, or 43.6% of the total revenue, demonstrating Daythree's resilient revenue growth amidst challenging market conditions.
  • Daythree reported a gross profit of RM5.0 million in Q3, down from RM6.3 million in the preceding quarter.
  • The Group's profit before taxation ("PBT") stood at RM1.8 million, a decrease from RM3.6 million in the preceding quarter, primarily due to non-recurring listing expenses of RM1.2 million.

RM plc: Strategy timetable and closure of the Consortium business

Retrieved on: 
Saturday, December 30, 2023

RM plc (“RM”, the “Company”), today announces in line with its strategy to be a leading global educational technology, digital learning and assessment solution provider, that the Board has taken the decision to close its loss-making Consortium business, part of the RM Resources division.

Key Points: 
  • RM plc (“RM”, the “Company”), today announces in line with its strategy to be a leading global educational technology, digital learning and assessment solution provider, that the Board has taken the decision to close its loss-making Consortium business, part of the RM Resources division.
  • This included a detailed review of RM’s portfolio to identify core areas of the business which were best placed to capitalise on the substantial EdTech opportunities.
  • Today the Company announces that it has taken the difficult decision to close this business from the end of December.
  • The decision will also enable RM Resources management to focus on its successful TTS business.

RM plc: Bank covenants waiver agreement

Retrieved on: 
Thursday, December 21, 2023

RM plc, a global educational technology, digital learning and assessment solution provider (“RM”, the “Company”), announces that it has reached agreement with its lenders to extend its unconditional covenant waiver to cover the 30 November 2023 covenant test date.

Key Points: 
  • RM plc, a global educational technology, digital learning and assessment solution provider (“RM”, the “Company”), announces that it has reached agreement with its lenders to extend its unconditional covenant waiver to cover the 30 November 2023 covenant test date.
  • On 29 August the renegotiation of the waiver for the period ended 31 August 2023 was announced.
  • "I am grateful for the continuing support of our lenders and the amendment to our facility’s covenants for the full year.
  • The education sector is transforming, and RM is well positioned to capitalise on this through its three divisions.

Reinhausen Manufacturing Inc. Announces Pivotal Facility Expansion in Humboldt, Tennessee

Retrieved on: 
Thursday, November 16, 2023

Reinhausen Manufacturing Inc. (RM), a subsidiary of Germany-based Maschinenfabrik Reinhausen, today announced it will expand its facilities in Humboldt, Tennessee to increase production capacity by 25 percent.

Key Points: 
  • Reinhausen Manufacturing Inc. (RM), a subsidiary of Germany-based Maschinenfabrik Reinhausen, today announced it will expand its facilities in Humboldt, Tennessee to increase production capacity by 25 percent.
  • Groundbreaking for the $3.3 million investment will take place by the end of 2023, with anticipated completion in early 2024.
  • The RM plant expansion in Tennessee is a necessary step toward supporting those critical upgrades by meeting the demand.
  • Reinhausen Manufacturing Inc. (RM) is a US-based subsidiary of Maschinenfabrik Reinhausen GmbH (MR), with locations in Humboldt, Tenn. (factory); Charlotte, N.C.; Fort Worth, Texas; Mesa, Ariz.; and Manchester, N.J.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20231116429044/en/