Founded in 2007, RM2 is a vertically-integrated innovator in pallet development, manufacture, supply and management. Recognising that there are significant costs and drawbacks associated with traditional pallets, RM2 has established a disruptive presence in global pallet supply and aims to improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets.

RM2 has designed and manufactured the BLOCKPal™ pallet, a multi-trip, heavy duty composite pallet that is suitable for use in both automated and manual areas of the supply chain where there are high levels of movements. The composite material and the associated manufacturing process is designed to bring qualities of strength, durability, flexibility and scale of production as well as other benefits. The BLOCKPal™ pallet has been independently tested by leading institutions and has been shown regularly to outperform comparable products and industry standards.

RM2 aims to change the way its customers look at pallets from a consumable to an asset that can generate significant accretive profit margin. To do this, we align ourselves with potential customers – typically large manufacturing, distribution and retail businesses – to provide an integrated solution to their pallet and pallet movement needs, whilst interacting with other logistics partners, as necessary. RM2’s products have been developed in consultation with these customers and are designed to provide receivers of goods with greater visibility over costs and the ability to reduce the direct and indirect costs associated with inbound goods movements.

RM2 can supply its pallets and the associated services on a rental basis to closed loops or by outright sale and its production method is versatile enough to easily supply standard or bespoke pallets.


http://www.rm2.com/main.php

Please Note - Streaming News is only available to subscribers to the Active Level and above



Holding(s) in Company
RNS
RNS Number : 7128M
RM2 International SA
11 May 2015

11 May 2015



RM2 International S.A.



Holding(s) in Company



RM2 International S.A. ("RM2" or "the Company") was notified on 7 May 2015 that Verlinvest SA and J.P. Morgan Securities Plc now have interests in total of 17,500,000 and 16,997,695 ordinary shares in the Company, respectively, representing 5.42% and 5.26% of the total issued share capital.



In addition, RM2 was also notified on 7 May 2015 that Invesco Limited now no longer holds any ordinary shares in the Company.

Director/PDMR Shareholding
RNS
RNS Number : 2368Q
RM2 International SA
16 June 2015

16 June 2015



RM2 International S.A.



Director / PDMR Shareholding



RM2 International S.A. ("RM2" or "the Company") confirms that it was notified on 15 June 2015 that Paul Walsh, a Non-Executive Director of RM2, acquired 100,000 ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares") on that date at an average price of 68.5 pence per Ordinary Share. Following this transaction, Paul Walsh is interested in a total of 1,739,091 Ordinary Shares, representing approximately 0.54 per cent. of the existing issued share capital of the Company.

Market Buzz

RM2 International director buys shares after strong maiden results

Tue, 16 June 2015



RM2 International director buys shares after strong maiden results



A non-executive director at RM2 International increased his stake in the company one day after it reported a trim in pre-tax profits and a boost in revenues in 2014.
Paul Walsh purchased 100,000 shares for an individual price of 68.5p, spending £68,500.

Following the transaction, Walsh holds 1.7m shares in the group, which represent 0.54% of its issued share capital.

The shipping pallet seller and provider on Monday posted a pre-tax loss of $47.3m in the 12 months to 31 December, an improvement from $77.2m in 2013.

The deployment of pallets is expected to expand significantly over the remainder of 2015 and into 2016, thanks to a substantial agreed sale to a major industrial customer.

Annual Results 2014

Director/PDMR Shareholding
RNS
RNS Number : 4770Q
RM2 International SA
17 June 2015

17 June 2015



RM2 International S.A.



Director / PDMR Shareholding & Transaction in Own Shares



RM2 International S.A. ("RM2" or "the Company") confirms that it was notified on 17 June 2015 that Amaury de Seze, a Non-Executive Director of RM2, acquired 100,000 ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares") on that date at 72.5 pence per Ordinary Share. Following this transaction, Amaury de Seze is interested in a total of 1,450,000 Ordinary Shares, representing approximately 0.45 per cent. of the existing issued share capital of the Company.



In addition, RM2 has acquired 342,334 ordinary shares of US$0.01 each in the capital of the Company, in connection with forfeitures due to departures under its ESOP program. These shares will be held as non-voting treasury stock. The Company's issued share capital consists of 323,030,156 ordinary shares and the total number of voting rights in the Company is 322,687,822.

"As a result primarily of the decision to change to gel coating, the Company will not achieve the substantial upswing in production that had been expected to begin in Q3 this year and accelerate through Q4. This means that revenue and production numbers for the full year will be significantly below previous guidance.

StockMarketWire.com
RM2 International has posted an H1 pretax loss of $25.2m, from a loss of $22.2m. Revenue was $1.8m, from $0.8m. Separately, the company intends to raise about £30m via a placing of about 75m shares at 40p each.

"We are delivering a quality, mass-produced product to our customers in ever-increasing volumes which will generate powerful performance for our shareholders," said CEO John Walsh of the interim results.

The company is debt free with cash and cash equivalents of $35.9m.

Production is expected to be not less than 2.5 million pallets in 2016, with a production run rate at the end of Q4 of 2016 of c.300,000 pallets per month.

IC - The update hardly inspires confidence and we are reducing our rating on the shares to hold at 43p.

i bought a smallish number for my sipp because i understand and like the concept and technology
nothing has changed, but that doesn't mean to say that even in 3/5 years time this will prove to have been a good investment

Agree Cynic, you can only wait and see that they achieve what they have stated. The product as we have said in the past sounds superior to the existing wooden pallets.

should-you-ditch-diageo-plc-marks-and-spencer-group-plc-and-buy-rm2-international-sa

i already hold some RM2 in my sipp
as set out a long way back, this concept is very good indeed and with moderate luck will pay off albeit that it may take another 3/4 years ..... can't see it much sooner, though i could be wrong, given that markets look forward

aha ..... an rns today as below ....sorry to be lazy as have not edited it down

RM2 Pallets Accepted into Supply Chain of Canada's Largest Retailer
RM2 (LSE-AIM: RM2), the sustainable composite pallet innovator, is pleased to
announce that Loblaw Companies Ltd (TSX: L) ("Loblaw"), Canada's largest
retailer employing approximately 192,000 full- and part-time employees, has
begun accepting RM2 pallets in its supply chain network. RM2 will continue to
work with Loblaw to further implement a programme of pallet deployment in the
coming years.

Loblaw Executive Vice President of Supply Chain, Rob Wiebe, commented: "We are
very pleased to begin accepting RM2 pallets in our distribution centres, and
we look forward to working with selected vendors to support this important
sustainability and efficiency initiative."

John Walsh, Chief Executive Officer of RM2, said: "Loblaw is greatly respected
as an innovative retailer with a deserved reputation as a champion of
environmental responsibility. We are delighted to be chosen to partner with
them and their supplier community to bring cost efficiencies, greater
sustainability and innovation into the supply chain."

Not looked in on this for sometime. Saw the good rise today, wow it does need to rise.

it's a real sleeper ...... just hope it remembers to keep breathing!

Sounds like the board of directors are sleeping as well. :-))

Some large director buys today.

08/07/2016 LOF R Ian Molson CH 2,675,000
08/07/2016 LOF Jan Dekker NED 200,000
08/07/2016 LOF Sir Stuart Rose NED 200,000
08/07/2016 LOF Sir Stuart Rose NED 200,000
08/07/2016 LOF Amaury de Seze NED 200,000

Significant new agreement
RNS
RNS Number : 4048M
RM2 International SA
13 October 2016
 
13 October 2016
 
RM2 International S.A.
 
Significant new agreement
 
RM2 (LSE-AIM: RM2), the sustainable composite pallet innovator, is pleased to announce that it has received a commitment from a global leader in temperature-controlled warehousing and logistics to the food industry, for the deployment of RM2 pallets and management of the company's pallet pool.  The deployment of pallets will start immediately and based upon the success of the initial locations, the business is projected to encompass the company's North American network. It is anticipated that the agreement will require over 200,000 pallets.      
John Walsh, CEO of RM2, commented: "When we announced the manufacturing agreement with Jabil in September this year, we noted that there were a number of deals under negotiation.  Today's agreement is the first of these announcements and is a significant agreement with a major corporation further demonstrating the effectiveness of RM2's innovative pallets across different industry sectors. We have worked with our client for several months and have been able to demonstrate the value that RM2's pallets can bring in an important sector for us."

Agreement with Pactiv LLC
RNS
RNS Number : 0547O
RM2 International SA
02 November 2016
 
2 November 2016
 
RM2 International S.A.
('RM2' or the 'Company')
 
Agreement with Pactiv LLC
 
RM2 (LSE-AIM: RM2), the sustainable pallet innovator, is pleased to announce that it has received an exclusive commitment from Pactiv LLC, a wholly-owned subsidiary of Reynolds Group Holdings Limited, to purchase and deploy the Company's BLOCKPal pallets for all non-wood pallet uses throughout its organisation.
Pactiv is a leading US manufacturer and distributor of food packaging and foodservice products and the Company is very pleased to be adding it to its growing list of clients. The terms of the contract anticipate Pactiv purchasing and deploying hundreds of thousands of BLOCKPal pallets in stages across various business units and geographical areas.
John Walsh, CEO of RM2, said, "RM2 is pleased to be entering into a commercial agreement for the sale of pallets with an industry leadership like Pactiv. This agreement is consistent with previous announcements in which we stated that a number of customer announcements were in the pipeline, consisting of both outright sales and lease agreements, such as the agreement with a global leader in temperature-controlled warehousing and logistics to the food industry announced earlier this month."