Sunday Times article29 Nov 2020 09:03
I don't have full access, but it starts:
Remote Monitored Systems boss Paul Ryan sold shares before warning of production delay led to 25% fall
Paul Ryan sold all of his shares in Remote Monitored Systems the week before the company announced a delay in producing antiviral face masks
Paul Ryan sold all of his shares in Remote Monitored Systems the week before the company announced a delay in producing antiviral face masks
INTERNET
Louisa Clarence-Smith, Tom Howard
Saturday November 28 2020, 12.01am, The Times
The chairman of an Aim-listed company and one of its biggest investors sold all their shares for about £16 million a week before a production delay was revealed, wiping out a quarter of its market value.
Remote Monitored Systems warned on Thursday that the antiviral face masks being developed by one of its subsidiaries would not be ready until the new year. Its shares slumped by 25.5 per cent, or ½p, to 2p. Yesterday they were flat at 1¾p.