NNN Nanosynth Group Plc

TIDMRMS

RNS Number : 3487O

Remote Monitored Systems PLC

08 February 2021

8 February 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 his last remaining 6,428,571 options at an exercise price of 1.4p each ("Option Shares"). The consideration received by the Company will be GBP90,000.00.

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 8:00a.m. on or around 12 February 2021.

Following Admission, the Company will have 2,052,071,986 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 2,052,071,986. A further 6,000,000 warrants and 14,801,757 options remain unexercised.

The above figure of 2,052,071,986 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            via IFC Advisory 
 Antony Legge (Chairman) 
 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 
 
 IFC Advisory Ltd                        +44 20 3934 6630 
 Graham Herring 
 Zach Cohen 
 

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END

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February 08, 2021 08:23 ET (13:23 GMT)

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