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Pin to quick picksSrt Marine Sys. Share News (SRT)

Share Price Information for Srt Marine Sys. (SRT)

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Share Price: 23.00
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UK TRADING UPDATE SUMMARY: Record Stands To Benefit From Volatility

Fri, 17th Apr 2020 12:06

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Friday and not separately reported by Alliance News:

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Record PLC - currency management - Has not been forced to cut wages or use government financial help schemes due to Covid-19. Reports fourth quarter assets under management equivalents down 9.4% to USD58.6 billion from USD64.7 billion at the end of December. In year to March 31, AUME grew 2%, with client numbers up 11% to 72. "Poised" for more growth amid market volatility.

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Urban Exposure PLC - asset manager - Says out of workforce of 30, three new hires cancelled and 13 roles either furloughed or given reduced hours. Says no bonuses for 2019, saving GBP2.1 million and chief executive, chief operating officer, chief revenue officer and chief financial officer take 10% pay cut. To report GBP200,000 pretax profit for 2019, on revenue of GBP9.0 million. Will not pay final dividend, saving GBP5.3 million.

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Panther Securities PLC - property investor - Says 41% of income comes from businesses that have not been forced to close due to lockdowns. Says too early to predict impact from virus on 2020 earnings. To pay a further 6 pence dividend for 2019.

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ECSC Group PLC - cybersecurity - Places 909,091 shares at 55p each to raise GBP500,000. Placing proceeds used to strengthen finances during pandemic and to ensure "longer-term growth opportunities" when virus crisis stabilises.

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WANdisco PLC - Data and AI - Delays publication of 2019 results due to Covid-19. To release annual report in June.

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SRT Marine Systems PLC - maritime tracking - Completes "Covid-19 resilience financing", securing GBP5.3 million through equity issues and loans. Inked GBP2.8 million from investors and agrees GBP2.5 million loan facility.

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Catenae Innovation PLC - digital media - Joins Cov-ID consortium which aims to record a patients Covid-19 test status.

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Bloomsbury Publishing PLC - publisher - Plans to raise GBP8.4 million through placing of 3.8 million shares at 223.25p each due to Covid-19. Says government lockdowns in key markets like UK, Australia and India has hit book sellers like WH Smith PLC, Barnes & Noble and Waterstones.

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Horizon Discovery Group PLC - cell engineering - Plans placing of 6.8 million shares. Based on 128p share price on Friday morning, it would secure GBP8.7 million. Says equity issue is to shore up finances amid Covid-19.

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Victoria Oil & Gas PLC - gas producer - Says a number of crew in Cameroon evacuated due to lockdowns. Says 5.1 million standard cubic feet per day of gas plus 1,656 barrels of condensate produced in first quarter of 2020. First quarter net revenue was USD5.3 million.

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W Resources PLC - copper and gold miner - Total of 274,000 tonnes of run of mine ore fed to La Parrilla mine, Spain during first quarter, up sharply quarter-on-quarter from 113,322 tonnes. Tungsten output rises to 3,305 metric tonne units from 968 in fourth quarter, metal more than doubles to 12.1 dry metric tonnes from 3.9. Says no personnel or contractor affected by Covid-19 and closure of non-essential services which hit Spanish operations has been lifted.

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Goldplat PLC - gold producer - Says operations in Ghana, South Africa and Kenya affected by Covid-19 restrictions. Restarting operations in SA on reduced basis from Monday. Mining sector classed as essential in Ghana.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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8 Mar 2024 10:58

SRT Marine keeps revenue outlook stable amid wait for new contracts

(Alliance News) - SRT Marine Systems PLC on Friday said it has recently seen "significant progress" on business development but remains a "passive" observer of government decision-making for key new contracts.

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8 Mar 2024 09:54

SRT Marine pushes out year-end as it bids for new system contracts

(Sharecast News) - Maritime surveillance and navigation technology specialist SRT Marine Systems announced a change to its financial reporting dates on Friday, in a bid to safeguard its ability to bid for pending new system contracts.

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8 Jan 2024 16:15

UK shareholder meetings calendar

Tuesday 9 January 
Agriterra LtdAGM
DX Group PLCGM re acquisition by HIG Capital funds
GENinCode PLCGM re fundraise
Leeds Group PLCGM re sale of subsidiary Hemmers-Itex
Smart Metering Systems PLCGM re acquisition by KKR funds
Wednesday 10 January 
Hummingbird Resources PLCGM re share placement
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Reabold Resources PLCGM re appointment of new directors
Safestyle UK PLCEGM re approve winding up of company
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Pennpetro Energy PLCAGM
R&Q Insurance Holdings LtdGM re sale of Accredited to Onex Corp
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Friday 12 January 
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Dukemount Capital PLCAGM
Monday 15 January 
88 Energy LtdGM re fundraising
Mondi PLCGM re special dividend
SRT Marine Systems PLCGM re fundraising
Strip Tinning Holdings PLCGM re fundraising
  
Copyright 2024 Alliance News Ltd. All Rights Reserved. 

Read more
28 Dec 2023 13:33

SRT Marine Systems raises further GBP500,000 through retail offer

(Alliance News) - SRT Marine Systems PLC on Thursday said it has raised GBP500,000 through a retail offer of 1.4 million shares.

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21 Dec 2023 15:29

CORRECT: SRT Marine Systems raises funds for surveillance systems

(Corrects share price.)

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21 Dec 2023 15:24

SRT Marine Systems raises funds to boost surveillance systems business

(Alliance News) - SRT Marine Systems PLC on Thursday said it raised funds as it announced a further fundraise.

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20 Nov 2023 14:17

EARNINGS AND TRADING: Active Energy notes Ashland delay; MTI profit up

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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20 Nov 2023 12:27

SRT Marine Systems receives £160m in orders for H2

(Sharecast News) - Maritime tech outfit SRT Marine Systems said on Monday that it has received £160.0m worth of orders during the second half of the trading year.

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13 Nov 2023 15:46

UK earnings, trading statements calendar - next 7 days

Tuesday 14 November 
ActiveOps PLCHalf Year Results
Babcock International Group PLCHalf Year Results
Bank of Georgia Group PLCQ3 Results
Castings PLCHalf Year Results
ConvaTec Group PLCTrading Statement
DCC PLCHalf Year Results
Forterra PLCHalf Year Results
Gear4Music PLCHalf Year Results
Genel Energy PLCTrading Statement
Grafton Group PLCTrading Statement
Hill & Smith PLCTrading Statement
HydrogenOne Capital Growth PLCQ3 Results
Imperial Brands PLCFull Year Results
Informa PLCTrading Statement
Land Securities Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Revolution Beauty Group PLCHalf Year Results
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
Wise PLCHalf Year Results
Wednesday 15 November 
Diversified Energy Co PLCTrading Statement
Experian PLCHalf Year Results
Fuller, Smith & Turner PLCHalf Year Results
Genuit Group PLCTrading Statement
Intermediate Capital Group PLCHalf Year Results
Ninety One PLC and LtdHalf Year Results
Renold PLCHalf Year Results
SSE PLCHalf Year Results
Synthomer PLCTrading Statement
Tracsis PLCFull Year Results
Tullow Oil PLCTrading Statement
Warehouse REIT PLCHalf Year Results
Thursday 16 November 
Assura PLCHalf Year Results
Atalaya Mining PLCQ3 Results
Aviva PLCTrading Statement
Burberry Group PLCHalf Year Results
Close Brothers Group PLCTrading Statement
CMC Markets PLCHalf Year Results
Crest Nicholson Holdings PLCTrading Statement
Halma PLCHalf Year Results
Great Portland Estates PLCHalf Year Results
Kier Group PLCTrading Statement
International Distributions Services PLCHalf Year Results
Investec PLC and LtdHalf Year Results
Liontrust Asset Management PLCHalf Year Results
Manolete Partners PLCHalf Year Results
Melrose Industries PLCTrading Statement
Norcros PLCHalf Year Results
Premier Foods PLCHalf Year Results
Qinetiq Group PLCHalf Year Results
Spirax-Sarco Engineering PLCTrading Statement
Syncona LtdHalf Year Results
Tatton Asset Management PLCHalf Year Results
Tyman PLCTrading Statement
United Utlities Group PLCHalf Year Results
Young & Co's Brewery PLCHalf Year Results
Friday 17 November 
Record PLCHalf Year Results
Monday 20 November 
Big Yellow Group PLCHalf Year Results
Compass Group PLCFull Year Results
Diploma PLCFull Year Results
Polar Capital Holdings PLCHalf Year Results
Seraphim Space Investment Trust PLCQ1 Results
Sirius Real Estate LtdHalf Year Results
SRT Marine Systems PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
6 Oct 2023 10:12

SRT Marine warns of interim loss

(Sharecast News) - Maritime surveillance systems provider SRT Marine warned on Friday that it was set to report an interim loss due to revenues being "heavily" weighted to the second half.

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6 Oct 2023 09:30

SRT Marine Systems expects swing to half-year loss as waits for growth

(Alliance News) - SRT Marine Systems PLC on Friday said revenue for the current financial year 2024 ending March 31 will be "heavily" second-half weighted, as it eyes a swing to a half-year loss.

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27 Jul 2023 14:19

EARNINGS UPDATES: Amigo revenue collapses, SRT Marine surges

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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5 Jul 2023 13:39

IN BRIEF: SRT Marine inks USD260,000 order with Japanese customer

SRT Marine Systems PLC - Somerset, England-based provider of maritime domain awareness systems and technologies for surveillance, security, safety and environmental protection - Receives a "strategically notable order" worth USD260,000 for its Digital Aids to Navigation System products. The order is from an unnamed Japanese customer and will be deployed to enhance navigation safety. "DAS products are digital transceivers which transmit information to vessels and navigation authorities in real time and are predominantly used to enhance navigation safety and efficiency," SRT says.

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26 Jun 2023 20:05

TRADING UPDATES: WANDisco in extra cost savings; SRT raises GBP750,000

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News:

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