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SRT - SRT Marine Systems News Story

46p 2.0  4.5%

Last Trade - 4:01pm

Sector
Technology
Size
Small Cap
Market Cap £72.3m
Enterprise Value £78.8m
Revenue £9.19m
Position in Universe 1110th / 1805

SRT Marine Systems - Issue of Equity & Total Voting Rights

Mon 27th September, 2021 3:39pm
RNS Number : 1138N
SRT Marine Systems PLC
27 September 2021
 

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 32p 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 1 October 2021 ("Admission").

 

Following Admission there will be 164,281,939 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 

+ 44 (0) 1761 409500

 

 

Simon Tucker (CEO)

simon.tucker@srt-marine.com

 

Louise Coates (Marketing Manager)

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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