StockMarketWire.com - Survey, inspection and monitoring company Remote Monitored Systems said it had completed a share placing to raise £0.25m.

New shares in the company were issued at 0.4p each, representing a 27% discount to their closing price on Thursday.

The funds would be used to support the continuing growth of GyroMetric, develop a new intelligence and security division, settle creditors and provide working capital.

At 1:16pm: [LON:RMS] Remote Monitored Systems Plc Ord 0.2p share price was -0.08p at 0.48p



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