Source - LSE Regulatory
RNS Number : 3133L
Remote Monitored Systems PLC
11 January 2021
 

11 January 2021

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Remote Monitored Systems plc ("RMS" or the "Company")

Director Dealing

Remote Monitored Systems plc ("RMS" or the "Company") announces that it has been notified today that on 7 January and 11 January, Trevor Brown, Non-Executive Director of the Company, has sold, in aggregate, 24,000,000 ordinary shares in the Company at an aggregate price of approximately 2.7 pence per share.

Following this transaction, Trevor Brown holds no shares in the Company. He continues to hold 14,801,756 share options at an exercise price of 1.4 pence per share.

- ENDS -

 

ENQUIRIES:

Remote Monitored Systems plc

John Richardson (Executive Director)                                                                      +44 7751 118916

 

SP Angel Corporate Finance LLP                                                                               +44 20 3470 0470

Nominated Adviser and Joint Broker

Stuart Gledhill

Caroline Rowe

 

Peterhouse Capital Limited                                                                                        +44 20 7469 0930

Joint Broker

Lucy Williams

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Trevor Brown

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive Director

 

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Remote Monitored Systems plc

b)

 

LEI

 

213800VR2P5DDQHYZO48

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

Identification code

 

Ordinary shares of 0.01 pence each    

 

GB00BFX0ZN92

b)

 

Nature of the transactions

 

Sale of shares

c)

 

Price(s) and volume(s)

 

 

Price(s)

a)    2.9p

 

b)    2.6p

 

 

Volume(s)

10,000,000

 

14,000,000 

d)

 

Aggregated information

- Aggregated volume

- Price

- Principal amount

 

 

Single transactions as in 4 c) above    

2.7p

24,000,000

e)

 

Dates of the transaction

 

a)    7 January 2021

b)    11 January 2021

 

 

 

f)

Place of transaction

AIM

 

 

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