Remote Monitored Systems PLC Exercise of Warrants (3963D)
28 Octubre 2020 - 01:00AM
UK Regulatory
TIDMRMS
RNS Number : 3963D
Remote Monitored Systems PLC
28 October 2020
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.
28 October 2020
Remote Monitored Systems plc ("RMS" or the "Company")
Exercise of warrants
The Company has received notification to exercise a further
22,000,000 warrants at an exercise price of 0.5p each. The
consideration received by the Company will be GBP110,000.
The 22,000,000 new Ordinary Shares ("Shares") arising from the
exercise of these warrants have now been issued, and application
has been made for them to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective
and dealings will commence at 8:00a.m. on or around 2 November
2020.
Following Admission, the Company will have 896,627,261 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
896,627,261.
The above figure of 896,627,261 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
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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END
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