Remote Monitored Systems PLC Issue of Equity (1584V)
29 Novembre 2019 - 11:41AM
UK Regulatory
TIDMRMS
RNS Number : 1584V
Remote Monitored Systems PLC
29 November 2019
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.
29(th) November 2019
Remote Monitored Systems plc
("Remote Monitored Systems", the "Company" or the "Group")
Issue of Equity
Remote Monitored Systems Plc ("RMS" or the "Company") is pleased
to announce that it has today agreed to issue an aggregate
6,000,000 Ordinary Shares (the "Shares") in the Company to several
senior members of staff.
Trevor Brown executive director of RMS said: "The Board wishes
to ensure our senior staff are incentivised to help develop the
business together with the Board and this issue of equity is in
line with that approach."
Details of the Share Issue
Application will be made for the Shares, which will rank pari
passu with the existing ordinary shares in the Company, 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 5 December 2019.
Total Voting Rights
Following Admission, the total issued share capital of the
Company will consist of 500,656,790 ordinary shares of 0.2p each in
issue, none of which are held in treasury. Therefore, the total
number of voting rights in the Company is 500,656,790.
The above figure of 500,656,790 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.
ENQUIRIES:
Remote Monitored Systems plc
Trevor Brown (Executive Director) +41 7941 55384
Nigel Burton (Non-Executive Chairman) +44 7785 234447
SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker +44 20 3470 0470
Stuart Gledhill
Jeff Keating
Caroline Rowe
Peterhouse Corporate Finance
Joint Broker +44 20 7469 0930
Lucy Williams
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contact rns@lseg.com or visit www.rns.com.
END
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