RE: Up and running RNS.5 Feb 2021 11:44
Remote Monitored Systems plc ("RMS" or the "Company") has been notified that Paul Ryan, previous Non-Executive Chairman of the Company, has exercised 18,087,470 options at an exercise price of 1.4p each ("Option Shares"). The consideration received by the Company will be £253,224.58.
Application has been made for the Option Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings will commence at 8:00a.m. on or around 5 February 2021.
Following Admission, the Company will have 2,045,643,415 ordinary shares of 0.01p each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 2,045,643,415. A further 6,000,000 warrants and 21,230,328 options remain unexercised.