REG - SRT Marine Systems - Issue of Equity

SRT Marine SystemsAnnouncement

02/04/2025 14:30

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RNS Number : 3924D  SRT Marine Systems PLC  02 April 2025

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

Issue of Equity

The Directors of SRT announce that they have issued and allotted 20,000 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
0.1p 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 8 April 2025 ("Admission").

 

Following Admission, the Company will have 249,982,656 Ordinary Shares of 0.1p
in issue with each share carrying the right to one vote. This is the total
voting rights figure which may be used by shareholders as the denominator for
the calculations by which they will 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.

 For further information, please contact:
 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)
 Kevin Finn (Chairman)                                                     Kevin.finn@srt-marine.com
 Cavendish Capital Markets Limited (NOMAD & Broker)
 Jonny Franklin-Adams / Teddy Whiley / Finn Gordon (Corporate Finance)     +44 (0) 20 7220 0500
 Tim Redfern / Ondraya Swanson (Corporate Broking)
 Yellow Jersey PR
 Charles Goodwin / Annabelle Wills                                         +44 (0)774 7788 221

                                                                           srt@yellowjerseypr.com (mailto:srt@yellowjerseypr.com)

About SRT Marine Systems plc:

SRT Marine Systems PLC is an established leader in the growing global market
for maritime domain awareness. We provide technology driven solutions for
coastal and EEZ surveillance, fisheries management and monitoring and
navigation safety and efficiency. Our customers range from government agencies
such as Coast Guards, Fishery Authorities and Ports & Waterway authorities
to commercial and leisure vessel owners.

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