Remote Monitored Systems PLC Exercise of Options (8343M)
26 Gennaio 2021 - 8:00AM
UK Regulatory
TIDMRMS
RNS Number : 8343M
Remote Monitored Systems PLC
26 January 2021
26 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")
Exercise of Options
Remote Monitored Systems plc ("RMS" or the "Company") has been
notified that Paul Ryan, previous Non-Executive Chairman of the
Company, has exercised a further 7,142,857 options at an exercise
price of 1.4p each ("Option Shares"). The consideration received by
the Company will be GBP100,000.
Application has been made for the Option Shares to be admitted
to trading on AIM ("Admission"). It is expected that Admission will
become effective and dealings will commence at 8:00 a.m. on or
around 29 January 2021.
Following this exercise of options, the Company will have
2,027,555,945 ordinary shares of 0.01p each in issue, none of which
are held in treasury. Therefore, the total number of voting rights
in the Company is 2,027,555,945. A further 6,000,000 warrants and
39,317,798 options remain unexercised.
The above figure of 2,027,555,945 may be used by shareholders in
the Company as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
- ENDS -
ENQUIRIES :
Remote Monitored Systems plc
Antony Legge (Chairman) +44 7394 489177
John Richardson (Executive Director)
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
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END
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