13 Dec 2016 07:00
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.Β
Β
Cash and short-term deposits as at 30 November 2016 were Β£40.0m (2015: Β£48.3m).
Β
The deficit in the Company's defined benefit scheme as at 30 November 2016 has increased to Β£35m (Nov 2015: Β£21.9m) as a result of the significant reduction in Corporate bond yields. The next triennial valuation of the scheme is May 2018.
Β
Contacts:
Β
RM plc 01235 854759
David Brooks, Chief Executive Officer
Neil Martin, Chief Financial Officer
Β
FTI Consulting 020 3727 1000
Chris Lane / Antonia Gray
Follow the stocks