25 Feb 2021 13:48
25 February 2021
Remote Monitored Systems plc
("RMS" or the "Company")
Response to speculation
The Company notes the recent social media speculation relating to the Pharm 2 Farm Ltd ("P2F") mask apparently being available for sale on European web sites with pictures of the branding now being circulated. As previously announced, the Company confirms that it is in discussions with a number of potential customers. As would be expected, this has included the provision of samples however, no bulk deliveries of the mask have been made and contracts have not yet been signed. In the meantime, careful preparations are being made for a formal launch of the product and its branding.
The P2F team is currenly working hard to bring the mask to market and it is disappointing when those efforts are adversely impacted by the premature and unauthorised dissemination of information. As the Company has said, it will update the market as necessary with details of new developments in accordance with its regulatory obligations as an AIM traded company.
- ENDS -
ENQUIRIES:
Remote Monitored Systems plc
Antony Legge (Chairman) via IFC Advisory
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
IFC Advisory Ltd +44 20 3934 6630
Graham Herring
Zach Cohen