Rm Regulatory News (RM.)

21 Jul 2008 07:00



RM chosen as strategic supplier for Tesco schools programme

RM has been chosen by Tesco as strategic partner for the retailer's brand new voucher collection scheme which launches in 2009. 

By merging its two highly successful voucher schemes into one bumper catalogue, the supermarket will offer schools and clubs much greater choice. RM previously supported both 'Computers for Schools' and 'Sport for Schools and Clubs' and will now be providing a wide range of products that will support many different areas of the curriculum.

The combined scheme is believed to be the largest promotion of its kind in the UK and will provide schools with curriculum resources and computer equipment worth millions of pounds.

Terry Sweeney, CEO Designate of RM, commented:

'It's great news that Tesco has selected us to work with them on their new combined scheme. I've been involved with Computers for Schools since we started working on it in 2000, and led our activity on the sports scheme last year. I look forward to helping Tesco make the combined scheme even more successful.'

Lucy Neville-Rolfe, Corporate and Legal Affairs Director of Tesco, said:

'We wanted to build on the success of our existing programmes by extending our support into others areas of the curriculum, such as health and art. Our enhanced voucher collection scheme will make it easier for schools and clubs to benefit from our programme, and we expect it will prove to be our most popular yet.'

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Notes to Editors:

Founded in 1973, the RM Group is a leading provider of educational products and services to schools, colleges and universities, local government and central government education departments and agencies. RM works closely with educationalists to create new products, processes and technology which improve teaching and learning. RM is listed on the main market of the London Stock Exchange under the symbol RM.L, ISIN GB0002870417.

Computers for Schools was launched in 1992, and Tesco gave 13,000 items to UK schools that year. Sport for Schools and Clubs followed in 2005. By the end of 2008, Tesco will have given away more than 3 million items of computing and sports equipment, with a value of over £150 million. Nearly 40,000 schools and clubs take part in their voucher collection schemes every year.