RM2 Rm2 International S.a.

TIDMRM2

RNS Number : 3601L

RM2 International SA

24 December 2018

24 December 2018

RM2 International S.A.

VAT news

RM2 (LSE-AIM: RM2), the sustainable smart pallet innovator, is pleased to report that following the positive reconsideration of a VAT claim by the Luxembourg tax authorities against the Company, the Company's 2018 consolidated audited annual accounts will reflect a reversal of the previously disclosed accrual in the Company's most recent accounts for this amount of USD 721,824.90. There is no cash impact as a result of this ruling.

For further information:

 
 RM2 International S.A.                          +44 (0)20 7638 9571 
 Kevin Mazula, Chief Executive Officer 
  Jean-Francois Blouvac, Chief Financial 
  Officer 
 
 Strand Hanson Limited (Nominated & Financial 
  Adviser and Broker)                            +44 (0)20 7409 3494 
 James Spinney / Ritchie Balmer / James 
  Bellman 
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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