Osborne Clarke Advises RM plc on £13.5 Million Oversubscribed Placing

"Osborne Clarke has advised RM plc, a global leader in education technology, on its successful £13.5 million fundraising. The funds will be used to separate non-core assets, enhance the RM Ava platform, boost sales and marketing for RM Assessment, and for general working capital. The legal team was led by Partner Jonathan King and Associate Director Stuart Miller."

Osborne Clarke, an international legal practice, participated in the transaction by advising RM plc, a leading global education technology, digital learning, and assessment solutions provider. The transaction involved an oversubscribed placing of £13.5 million (before expenses) by RM plc. The net proceeds from this placing will be utilized for several purposes, including completing the separation work for non-core asset disposals, enhancing the RM Ava platform through capital investment, boosting RM Assessment's sales and marketing capabilities, and for general working capital needs. The Osborne Clarke Corporate team that advised RM on this transaction was led by Partner Jonathan King, with assistance from Associate Director Stuart Miller.

Osborne Clarke Advises RM plc on £13.5 Million Oversubscribed Placing

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