Director Dealing

RNS Number : 3133L

Remote Monitored Systems PLC

11 January 2021

 

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)  [phone]

SP Angel Corporate Finance LLP     [phone]

Nominated Adviser and Joint Broker

Stuart Gledhill

Caroline Rowe

Peterhouse Capital Limited  [phone]

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

 

END

 

 

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