RP means probably that your visa has been issued by the Spanish consulate in representation of an other Schengen country, but I am not sure of that.
PAKAEERESM is a group of letters showing the nationality of the applicant, the Spanish consulate dealing with the application, the type of visa and the reason for the visa application.
So I would guess you are a Pakistanese national, which may account for PAK. But I do not know how to read the rest of the characters.