13 Dec 2016 07:00
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
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The company news service from the London Stock Exchange
Rm (RM.)