# Remote Monitored Systems Issues shares to adviser

- Link: https://www.directorstalkinterviews.com/remote-monitored-systems-issues-shares-to-adviser/412812514
- Published: 2020-04-15T07:16:25+01:00
- Author: Giles Arbor

**Remote Monitored Systems plc** ([LON:RMS](https://www.directorstalkinterviews.com/company/remote-monitored-systems-plc/rms.l)),
the AIM quoted monitoring, intelligence and security company, announced today that
it has issued equity on the same terms as the placing announced on 9 April 2020 
in order to settle £51k 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, 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 £51,000 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 Remote Monitored
Systems 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.

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