SRT Marine Systems PLC Issue of Equity (7852P)
October 14 2019 - 5:36AM
UK Regulatory
TIDMSRT
RNS Number : 7852P
SRT Marine Systems PLC
14 October 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
30,000 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 18 October 2019
("Admission").
Following Admission, there will be 154,823,919 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
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