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Director/PDMR Shareholding

11 Mar 2022 14:00

RNS Number : 5422E
SRT Marine Systems PLC
11 March 2022
 

SRT MARINE SYSTEMS PLC

("SRT" or the "Company")

Director/PDMR Shareholding

 

SRT Marine Systems PLC, a global provider of integrated maritime surveillance systems and digital navigation safety transceivers, has received notification from Mr Simon Tucker, Chief Executive Officer of the Company, that he has acquired 30,165 ordinary shares of 0.1p each in SRT ("Ordinary Shares") at a price of 33.111 pence per Ordinary Share.

Following this acquisition, Mr. Tucker is interested in 2,877,239 Ordinary Shares, representing approximately 1.59 per cent. of the Company's issued share capital.

The notifications below, made in accordance with the requirements of the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time, provide further detail.

 

Contacts:

SRT Marine Systems plc

 

 

Simon Tucker (CEO)

Louise Coates (Marketing Manager)

www.srt-marine.com 

+ 44 (0) 1761 409500

 

simon.tucker@srt-marine.com

louise.coates@srt-marine.com

 

finnCap Ltd

Jonny Franklin-Adams / Teddy Whiley (Corporate Finance)

 

+44 (0) 20 7220 0500

Tim Redfern / Charlotte Sutcliffe (Corporate Broking)

 

About SRT:

SRT is a global leader in maritime surveillance, environment monitoring and navigation safety systems and technologies. Our customers include national security and safety agencies such as Coast Guards and national fishery agencies as well as individual vessel owners. Our products and systems provide customers with enhanced maritime domain awareness in order to solve problems that include maritime and border security, illegal fishing, marine environment protection and navigation safety.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Simon Tucker

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SRT Marine Systems PLC

b)

LEI

2138002DF3KFXL472938

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary Shares of 0.1p each in SRT Marine Systems plcISIN - GB00B0M8KM36

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)33.111 pence

Volume(s)30,165

d)

 

Aggregated information

- Aggregated volume

 

- Price

 

 

See 4c) above

e)

Date of the transaction

11 March 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

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