TIDMRMS

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) +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

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          Initial Notification 
       /Amendment 
     ----------------------------  ----------------------------------------- 
 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                Ordinary shares of 0.01 pence each 
       the financial 
       instrument, type              GB00BFX0ZN92 
       of instrument 
       Identification 
       code 
     ----------------------------  ----------------------------------------- 
 b)   Nature of the                 Sale of shares 
       transactions 
     ----------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)                   Price(s)        Volume(s) 
                                                a) 2.9p         10,000,000 
                                                                14,000,000 
                                                b) 2.6p 
     ----------------------------  -------------------------  -------------- 
 d)   Aggregated information 
       - Aggregated volume            Single transactions as in 4 c) above 
       - Price                        2.7p 
       - Principal amount             24,000,000 
     ----------------------------  ----------------------------------------- 
 e)   Dates of the transaction           a) 7 January 2021 
                                          b) 11 January 2021 
 
 f)   Place of transaction          AIM 
     ----------------------------  -----------------------------------------

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END

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January 11, 2021 13:26 ET (18:26 GMT)

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