focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRMS.L Share News (RMS)

  • There is currently no data for RMS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.

More News
11 Oct 2019 13:23

Remote Monitored Systems Investee Secures Contract With Tarmac

Remote Monitored Systems Investee Secures Contract With Tarmac

Read more
27 Sep 2019 13:12

UPDATE: Remote Monitored Systems Interim Loss Doubles On Geocurve

UPDATE: Remote Monitored Systems Interim Loss Doubles On Geocurve

Read more
27 Sep 2019 12:54

Remote Monitored Systems Acquires Cloudveil In All-Share Deal

Remote Monitored Systems Acquires Cloudveil In All-Share Deal

Read more
29 Jul 2019 18:43

Non-Exec Paul Ryan Ups Remote Monitored Systems Stake To 8% From 4.4%

(Alliance News) - Remote Monitored Systems PLC on Monday said Non-Executive Director Paul Ryan increased his holding to an 8% stake in the company after a deal on Friday last week.Following

Read more
26 Jul 2019 13:33

Remote Monitored Says GyroMetric "Exceeding Original Expectations"

(Alliance News) - Remote Monitored Systems PLC on Friday noted GyroMetric Systems Ltd's announcement of new orders and upcoming delivery on a contract.Shares in survey, inspection and a

Read more
25 Jun 2019 14:40

Remote Monitored Systems Anticipates Fall In Geocurve Revenue In 2019

(Alliance News) - Remote Monitored Systems PLC shares fell on Tuesday despite posting a narrowed annual loss, as the company warned Geocurve revenue is set to fall in 2019.Shares in the and

Read more
29 Mar 2019 14:15

Environment Agency Programme Hinders Remote Monitored Systems Unit

LONDON (Alliance News) - Remote Monitored Systems PLC on Friday said its Geocurve Ltd unit has suffered a slower start than anticipated in 2019 due to a UK Environment Agency in the survey, and a

Read more
29 Mar 2019 09:50

Remote Monitored Systems slides after GeoCurve's 'slow start'

(Sharecast News) - Remote Monitored Systems' shares dived on Friday after reporting that its Geocurve business has suffered a "slower than expected" start to 2019.

Read more
11 Jan 2019 14:06

Remote Monitored Systems raises £350k in placing

(Sharecast News) - Survey, inspection and monitoring company Remote Monitored Systems has successfully raised £350,000 in a placing to support its core areas of business, provide working capital and clear its debt.

Read more
11 Jan 2019 12:03

Remote Monitored Systems Raises GBP350,000 Via Share Placing (ALLISS)

LONDON (Alliance News) - Remote Monitored Systems PLC on Friday said it raised GBP350,000 in a placing of shares to support growth in the company's core areas and provide working firm issued a

Read more
9 Jan 2019 08:43

Remote Monitored Systems plans to 'press accelerator' in 2019

(Sharecast News) - Surveyor Remote Monitored Systems said both its Geocurve and GyroMetric operating businesses had performed "impressively" in its last trading year.

Read more
4 Jan 2019 09:48

Remote Monitored Systems Subsidiary Accepted Into EU Programme

LONDON (Alliance News) - Remote Monitored Systems PLC on Friday said its Geocurve subsidiary has been accepted into the EU's KEEP+ programme.Geocurve is RMS's surveying and In to in

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.