REG - SRT Marine Systems - Issue of Equity & Total Voting Rights

SRT Marine SystemsAnnouncement

01/12/2022 15:15

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RNS Number : 3177I  SRT Marine Systems PLC  01 December 2022

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

Issue of Equity

and

Total Voting Rights

The Directors of SRT announce that they have issued and allotted 30,000 new
ordinary shares of 0.1p each in the Company ("Ordinary Shares") following the
conversion of employee share options in the Company at an exercise price of
18p per Ordinary Share.

 

Application has been made for the new Ordinary Shares to be admitted to
trading on AIM which is expected to occur on 7 December 2022 ("Admission").

 

Following Admission there will be 180,916,939 Ordinary Shares in issue with
each Ordinary Share carrying the right to one vote. This is also the total
voting rights figure which may be used by shareholders as the denominator for
the calculations by which they can determine whether they are required to
notify their interests in, or a change to their interest in the Company, under
the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 Contacts:
 SRT Marine Systems plc                                      www.srt-marine.com (http://www.srt-marine.com)

                                                             + 44 (0) 1761 409500

 Simon Tucker (CEO)                                          simon.tucker@srt-marine.com (mailto:simon.tucker@srt-marine.com)
 Louise Coates (Marketing Manager)                           louise.coates@srt-marine.com (mailto:louise.coates@srt-marine.com)

 finnCap Ltd
 Jonny Franklin-Adams / Teddy Whiley (Corporate Finance)     +44 (0) 20 7220 0500
 Tim Redfern (ECM)

About SRT Marine Systems plc:

SRT develops, manufactures and supplies maritime tracking technology and
turn-key system solutions to marine stakeholders across the globe with a
particular expertise in AIS. The Company's products and solutions are used by
individual vessel owners, port authorities, maritime infrastructure owners,
coast guards and national security agencies to enhance their maritime domain
awareness. Applications include the tracking of commercial and leisure
vessels; sustainable fishery; anti-collision; search and rescue; waterway
management, port and coast security; pollution management; and environmental
management.

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