18 Nov 2020 17:52
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
18 November 2020
Remote Monitored Systems plc ("RMS" or the "Company")
Director Dealing
The Company has been notified that Paul Ryan, Non-Executive Chairman of the Company, has sold 28,942,970 ordinary shares in the Company.
Following this transaction, Paul Ryan holds no shares in the Company. He continues to hold 38,801,756 share options at an exercise price of 1.4p per share.
ENQUIRIES:
Remote Monitored Systems plc
Trevor Brown (Executive Director) +41 7941 55384
Paul Ryan (Non-Executive Chairman) +32 475 754 148
SP Angel Corporate Finance LLP +44 20 3470 0470
Nominated Adviser and joint broker
Stuart Gledhill
Caroline Rowe
Peterhouse Capital Limited +44 20 7469 0930
Joint broker
Lucy Williams
Duncan Vasey
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Paul Ryan
| |
2
| Reason for the notification
| ||
a)
| Position/status
| Non-Executive Chairman
| |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Remote Monitored Systems plc | |
b)
| LEI
| 213800VR2P5DDQHYZO48 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument Identification code
| Ordinary shares of 0.01 pence each
GB00BFX0ZN92 | |
b)
| Nature of the transactions
| Sale of ordinary shares | |
c)
| Price(s) and volume(s)
| Price(s)
2.9p
| Volume(s)
28,942,970 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
Single transaction as in 4 c) above | |
e)
| Dates of the transaction
| 18 November 2020 | |
f) | Place of transaction | AIM
| |