Remote Monitored Systems PLC Potential Acquisition (2796T)
17 Luglio 2020 - 8:00AM
UK Regulatory
TIDMRMS
RNS Number : 2796T
Remote Monitored Systems PLC
17 July 2020
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
17 July 2020
Remote Monitored Systems plc ("Remote Monitored Systems", the
"Company" or the "Group")
Potential Acquisition
The Board of Remote Monitored Systems plc is pleased to announce
that it has entered into an exclusivity arrangement and agreed
outline non-binding heads of terms in respect of a potential
acquisition of a company that operates in the fast growing medtech
and biosecurity sectors.
The consideration for the proposed acquisition, should it
proceed, is expected to be satisfied by the issue of new Ordinary
Shares in the Company. The acquisition is subject, inter alia, to
the completion of mutual due diligence by both parties and there
can be no certainty that a transaction will proceed
Further announcements will be made in due course.
For further information, please contact:
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
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Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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