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Remote Monitored confirms delay to subsidiary's mask production plans

Thu, 26th Nov 2020 13:17

(Sharecast News) - Remote Monitored Systems updated the market on its wholly-owned subsidiary Pharm 2 Farm (P2F) on Thursday, having previously announced that it was expecting the delivery and installation of the new antiviral mask production line around the end of November.
The AIM-traded firm said it was updated by P2F and the manufacturer of the production line on 25 November, noting that the production machinery was now expected to undergo final acceptance testing in mid-December at the manufacturer's premises in Spain.

"It will then be shipped, installed and commissioned at P2F's Biocity premises in Nottingham," the board said in its short statement.

"Commercial production and shipment of product is now expected to begin in January."

At 1259 GMT, shares in Remote Monitored Systems were down 23.22% at 1.96p.
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17 Jul 2020 16:02

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17 Jul 2020 15:45

Remote Monitored Systems Agrees Potential Acquisition Of Unnamed Firm

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Remote Monitored Raises GBP265,000 In Placing, Braveheart Ups Stake

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13 Jul 2020 08:29

Remote Monitored Systems raises £0.27m in placing

(Sharecast News) - Monitoring and security company Remote Monitored Systems announced the successful completion of a placing to raise £0.27m on Monday, to support the continuing growth of GyroMetric and Cloudveil, and to provide working capital.

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10 Jul 2020 13:21

Remote Monitored Appoints John Richardson As Operations Head

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