TIDMRMS

RNS Number : 6527J

Remote Monitored Systems PLC

15 April 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.

15 April 2020

Remote Monitored Systems plc ("Remote Monitored Systems", the "Company" or the "Group")

Issue of Equity to an Adviser and Total Voting Rights

Remote Monitored Systems plc, the AIM quoted monitoring, intelligence and security company, announces that it has issued equity on the same terms as the placing announced on 9 April 2020 in order to settle GBP51k of certain fees due or which will become due to an adviser.

The adviser has elected to receive new Ordinary Shares of 0.2 pence each in the Company, (the "Adviser Shares") in lieu of fees rather than the cash amount otherwise due. As a result of this, 20,400,000 New Ordinary Shares of 0.2 pence per share will be issued to settle GBP51,000 of fees. Each Adviser Share will be issued with one warrant per share exercisable at 0.5p per share for a period of one year from the date of admission of these new shares to AIM, which is expected to be on or around 20 April 2020.

Total Voting Rights

Following the issue of the Adviser Shares as described above totaling 20,400,000 ordinary shares, the issued share capital of the Company will consist of 661,056,790 ordinary shares. No shares were held in treasury at the date of this announcement. The total current voting rights in the Company are therefore 661,056,790.

The above figure of 661,056,790 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 +44 20 3470 0470

Nominated Adviser and Joint Broker

Stuart Gledhill

Jeff Keating

Caroline Rowe

Peterhouse Capital Limited

+44 20 7469 0930

Joint Broker

Lucy Williams

Duncan Vasey

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END

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April 15, 2020 02:00 ET (06:00 GMT)

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