Edition:
United States

RM PLC (RM.L)

RM.L on London Stock Exchange

166.12GBp
17 Oct 2017
Change (% chg)

-0.38 (-0.23%)
Prev Close
166.50
Open
--
Day's High
--
Day's Low
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Volume
11,273
Avg. Vol
24,850
52-wk High
196.00
52-wk Low
120.00

Latest Key Developments (Source: Significant Developments)

RM Plc says HY revenue down 6.9 pct
Tuesday, 4 Jul 2017 02:00am EDT 

July 4 (Reuters) - RM Plc :Interim dividend up 10 percent to 1.65 penceper share.Says revenue down 6.9% to £71.3m for period ending 31 may 2017.Says adjusted operating profit of £7.1m for period ending 31 may 2017 is in line with prior year results.  Full Article

Connect sees education & care unit sale completing on or around June 30
Thursday, 1 Jun 2017 02:22am EDT 

June 1 (Reuters) - Connect Group Plc ::Update on disposal of Education & Care division.CMA has earlier today announced that it has unconditionally cleared transaction, paving way for transaction to proceed to completion.‍Expects transaction to complete on or around June 30, 2017​.  Full Article

UK's competition watchdog investigating RM Plc-Hedgelane deal
Tuesday, 4 Apr 2017 08:57am EDT 

UK's Competition and Markets Authority (CMA): Investigating the anticipated acquisition by RM Plc of Hedgelane Ltd Link to press release: (http://bit.ly/2oECFpl) Further company coverage: [RM.L] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

RM Plc says full year outlook in-line with expectations
Wednesday, 22 Mar 2017 07:07am EDT 

RM Plc - : Full year outlook for group remains in-line with board's expectations . CMA's formal phase 1 review process of deal with connect group expected to commence shortly .Board is recommending a final dividend of 4.50 pence per share.  Full Article

Connect Group sells education business to RM for 56.5 mln in cash
Tuesday, 7 Feb 2017 02:54am EST 

Connect Group Plc : Says disposal of education & care division to RM Plc for 64.4 mln stg enterprise value . Says signed an agreement with RM Plc to dispose of its education & care division for a cash consideration of 56.5 mln stg on a cash free, debt free basis . Says RM will also assume responsibility for defined benefit pension schemes within education & care . Says defined benefit pension schemes within education & care at Aug. 31 2016 had a balance sheet deficit of 7.9 mln stg .Says net cash proceeds of disposal will reduce group borrowings and provide greater flexibility to pursue growth opportunities.  Full Article

BRIEF-Connect completes sale of Education & Care division to RM plc

* Says sale of its education & care division to RM plc has completed today