RM PLC

Earnings Release • Dec 13, 2016

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RNS Number : 6203R

RM PLC

13 December 2016

13 December 2016

Trading Update

The Board of RM plc confirms that it expects results for the financial year ended 30 November 2016 to be in line with Board expectations. 

Cash and short-term deposits as at 30 November 2016 were £40.0m (2015: £48.3m).

The deficit in the Company's defined benefit scheme as at 30 November 2016 has increased to £35m (Nov 2015: £21.9m) as a result of the significant reduction in Corporate bond yields.  The next triennial valuation of the scheme is May 2018.

Contacts:

RM plc                                                                                  01235 854759

David Brooks, Chief Executive Officer

Neil Martin, Chief Financial Officer

FTI Consulting                                                                   020 3727 1000

Chris Lane / Antonia Gray

This information is provided by RNS

The company news service from the London Stock Exchange

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