TIDMSRT

RNS Number : 7515U

SRT Marine Systems PLC

02 April 2019

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

Issue of Equity

The Directors of SRT announce that they have issued and allotted 35,000 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 0.1p per share.

Application has been made for the new shares to be admitted to trading on AIM which is expected to occur on 5 April 2019 ("Admission").

Following Admission, there will be 153,257,419 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.

 
 For further information, please contact: 
 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 
 Marc Milmo / Anthony Adams (Corporate Finance)             +44 (0) 20 7220 0500 
 Tim Redfern / Richard Chambers (Corporate 
  Broking)

About SRT Marine Systems plc:

SRT develops, manufactures and supplies maritime vessel 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

IOESSAFMFFUSEIL

(END) Dow Jones Newswires

April 02, 2019 02:00 ET (06:00 GMT)

Srt Marine Systems (LSE:SRT)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Srt Marine Systems Charts.
Srt Marine Systems (LSE:SRT)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Srt Marine Systems Charts.