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

Share Price Information for Srt Marine Sys. (SRT)

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Issue of Equity

Fri, 1st Dec 2017 07:00

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 Hicks (Corporate Finance)

+44 (0) 20 7220 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
IOEFDSFISFWSEEF
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