SRT Marine Systems PLC Issue of Equity (0288Y)
December 01 2017 - 1:01AM
UK Regulatory
TIDMSRT
RNS Number : 0288Y
SRT Marine Systems PLC
01 December 2017
SRT MARINE SYSTEMS PLC
(AIM: SRT)
("SRT" or the "Company")
Issue of Equity
The Directors of SRT announce that they have issued and allotted
40,000 new ordinary shares of 0.1p each in the Company following
the conversion of employee share options in the Company at an
exercise price of 26p per share.
Application has been made for the new shares to be admitted to
trading on AIM which is expected to occur on 6th December 2017.
Following the issue of the new shares, there are 127,742,419
ordinary shares of 0.1p of SRT 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.
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 / Simon +44 (0) 20 7220
Hicks (Corporate Finance) 0500
Emily Morris / Camille Gochez
(Corporate Broking)
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.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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