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Remote Monitored Shares Drop As Commissioning Of Mask Machine Delayed

Mon, 01st Feb 2021 10:04

(Alliance News) - Shares in Remote Monitored Systems PLC dropped on Monday after it announced the commissioning of its mask manufacturing machine has been delayed due to two of its engineers testing positive for Covid-19.

Shares in the survey and inspection services provider were trading 13% lower at 2.13 pence each on Monday morning in London.

The London-based company stated two of the engineers from the mask manufacturer Lemu Group tested positive for the virus and are now self-isolating for ten days. Three members of the Pharm 2 Farm Ltd team have been recorded as close contacts of the Lemu engineers and will need to self-isolate for ten days.

Remote Monitored noted that while other staff members have tested negative, without the Lemu engineers to assist in the completion of the commissioning of the machine - which was scheduled to occur over the weekend - this will now be delayed until after their ten-day quarantine period ends and they are fit to work.

"It is frustratingly ironic to be so close to the production of an anti-viral mask and to be delayed due to these two positive cases. Our focus on the health and safety of employees and all visitors to our sites remains our priority and continues to be delivered through well-considered measures," said Remote Monitored Chair Antony Legge.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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