11 Jan 2021 18:26
11 January 2021
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.
Remote Monitored Systems plc ("RMS" or the "Company")
Director Dealing
Remote Monitored Systems plc ("RMS" or the "Company") announces that it has been notified today that on 7 January and 11 January, Trevor Brown, Non-Executive Director of the Company, has sold, in aggregate, 24,000,000 ordinary shares in the Company at an aggregate price of approximately 2.7 pence per share.
Following this transaction, Trevor Brown holds no shares in the Company. He continues to hold 14,801,756 share options at an exercise price of 1.4 pence per share.
- ENDS -
ENQUIRIES:
Remote Monitored Systems plc
John Richardson (Executive Director) +44 7751 118916
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
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
| Trevor Brown
| |
2
| Reason for the notification
| ||
a)
| Position/status
| Non-Executive Director
| |
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 shares | |
c)
| Price(s) and volume(s)
| Price(s) a) 2.9p
b) 2.6p
| Volume(s) 10,000,000
14,000,000 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
Single transactions as in 4 c) above 2.7p 24,000,000 | |
e)
| Dates of the transaction
| a) 7 January 2021 b) 11 January 2021 | |
|
|
| |
f) | Place of transaction | AIM
| |