BUZZ-Australia's RPMGlobal jumps on positive HY result, divestment

Reuters
02-24
BUZZ-Australia's RPMGlobal jumps on positive HY result, divestment

** Shares of RPMGlobal Holdings RUL.AX rise 6.9% to A$2.8

** Stock rose as much as 9.5% to A$2.87, its highest level since Feb 12

** Software firm posts 1H25 EBITDA of A$8.2 mln ($5.23 mln) vs A$6.8 mln last year

** Attributes profit rise to sales growth in software division

** Co to sell its global advisory division to private firm SLR Consulting Australia for enterprise value of A$63 mln

** More than 998,000 shares change hands, 2.9 times the 30-day avg

** Stock down 7.9% YTD, including current session's moves

($1 = 1.5676 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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