7 January 2021
Remote Monitored Systems plc ("RMS" or the "Company")
Statement regarding share price movement
Remote Monitored Systems plc ("RMS" or the "Company") notes the recent rise in the Company's share price and confirms that it is not aware of any new developments which may be driving the increase.
As previously announced, a General Meeting will be convened in due course in order for shareholders to consider the issue of warrants with an exercise price of 2.0 pence in relation to the placing, conducted at a price of 1.25 pence per share, as announced on 18 December 2020. A further announcement will be made upon posting of the requisite notice.
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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