REG - SRT Marine Systems - Philippine Ombudsman Complaint Cleared & Dismissed

SRT Marine SystemsAnnouncement

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RNS Number : 1228W  SRT Marine Systems PLC  11 March 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS
DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF
MAR.

 

 

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

Philippines Ombudsman Complaint Cleared & Dismissed

SRT Marine Systems plc ('SRT'), a global provider of intelligent maritime
surveillance systems for sovereigns and maritime navigation safety is pleased
to advise that the Philippine Courts have formally and fully cleared and
dismissed as false and baseless all allegations, claims and media reports of
conspiracy, graft and bidding irregularities made against Simon Tucker (CEO),
SRT Marine Systems and other named persons, in respect to the BFAR fisheries
IMEMS project in The Philippines. This brings the matter to a definitive
close.

   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 (mailto:Kevin.finn@srt-marine.com)
 Nora Alakshan (Corporate Communications Manager)                             nora.alakshan@srt-marine.com (mailto:nora.alakshan@srt-marine.com)
 Cavendish Capital Markets Limited (NOMAD & Broker)
 Jonny Franklin-Adams / Teddy Whiley / Finn Gordon / Hamza Munshi (Corporate  +44 (0) 20 7220 0500
 Finance)
 Sunila de Silva (Corporate Broking)

 

About SRT Marine Systems plc:

SRT Marine Systems PLC ("SRT") is a global provider of civil defence maritime
intelligence and surveillance systems, as well as navigation safety and
efficiency solutions. Our systems provide MDA intelligence that enables
sovereign agencies such as coast guards and fisheries authorities to adopt a
new nationwide intelligence-led operations doctrine that is highly effective
and efficient for maritime safety and security. Our navigation safety systems
enable vessel operators to navigate digitally more safely and efficiently. Our
customers range from government agencies, such as coast guards, fisheries
authorities, and ports and waterways authorities, to commercial and leisure
vessel owners.

 

 

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