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DIRECTOR DEALINGS: Remote Monitored Systems Chair Banks GBP2 Million

17th Nov 2020 14:22

Remote Monitored Systems PLC - London-based data collection and surveying firm - Non-Executive Chair Paul Ryan sells 41.8 million shares at 5.01 pence, worth GBP2.1 million, on Monday. Still has 28.9 million shares, a 1.8% stake. Remote Monitored Systems on Monday said its Pharm2Farm Ltd subsidiary has received enquiries from potential distributors of its antiviral face masks. It now expects that demand for the face masks may outstrip production capacity, at least until Pharm2Farm has "procured additional production lines". The stock spiked 26% to 6.30p at the market open in response before reversing.

Current stock price: 3.05p

Year-to-date change: up dramatically from 0.33p on December 31

By Tom Waite; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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