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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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82.00    -3.00 (-3.53%)
Bid:
80.00
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84.00
Spread: 4.00 (5.00%)
Market Cap: £223.87m
SRT Live PriceLast checked at - London Stock Exchange

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Trading Statement

19 Dec 2008 07:08

RNS Number : 4578K
Software Radio Technology PLC
19 December 2008
 



SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company")

Trading Update

SRT announces that revenue for the year ended 31 March 2009 is expected to be significantly below market expectations. 

Whilst the Marine business continues to grow, the PMR business has suffered from a lack of orders, including from certain Far East customers, and a delay in receiving license and royalty payments.

As a result of the delay in these payments the PMR business has a funding shortfall and the Board of SRT is considering its options regarding the future of SRT PMR Technology Limited, including discussions with potential investors. 

SRT expects to announce its interim results for the six months ended 30 September 2008 in the week commencing 22 December 2008.

Enquiries:

Software Radio Technology plc

+44 (0)1761 409500

Simon Tucker, Group Managing Director

simon.tucker@softwarerad.com

Numis Securities Limited

+44 (0)20 7260 1000

Lee AstonNominated Adviser

This information is provided by RNS
The company news service from the London Stock Exchange
 
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TSTGRBDDLGBGGIC
Date   Source Headline
25th Mar 20113:31 pmPRNDirector/PDMR Shareholding
11th Mar 20117:00 amPRNNew Customer Contracts
10th Mar 20113:35 pmPRNIssue of Equity
28th Feb 201110:04 amPRNTotal Voting Rights
24th Feb 20119:36 amPRNHolding(s) in Company
10th Feb 201112:03 pmPRNIssue of Equity
7th Feb 20117:00 amPRNSRT signs strategic AIS agreement
31st Jan 201111:56 amPRNTotal Voting Rights
17th Jan 20114:34 pmPRNHolding(s) in Company
14th Jan 201112:06 pmPRNIssue of Equity
31st Dec 20107:00 amPRNTotal Voting Rights
29th Dec 20104:33 pmPRNIssue of Equity/Director/PDMR Holding
6th Dec 20107:00 amPRNNew US$900,000 AIS Order Received
3rd Dec 20103:24 pmPRNIssue of Equity
30th Nov 201011:34 amPRNTotal Voting Rights
25th Nov 20107:00 amPRNUS$1.2 million of new AIS Orders Received
11th Nov 20104:30 pmPRNHolding(s) in Company
11th Nov 20104:30 pmPRNDirector/PDMR Shareholding
11th Nov 20104:30 pmPRNHolding(s) in Company
2nd Nov 20107:00 amPRNHalf-yearly Report
29th Oct 201012:51 pmPRNTotal Voting Rights
25th Oct 20109:34 amPRNIssue of Equity
20th Oct 20107:00 amPRNUS$1.3 million of new AIS Orders Received
17th Sep 20101:34 pmPRNIssue of Equity
2nd Sep 20107:00 amPRNAGM Statement and Trading Update
18th Aug 20107:00 amPRNUS$750,000 new AIS Orders Received
2nd Aug 201011:32 amPRNTotal Voting Rights
2nd Aug 201011:32 amPRNTotal Voting Rights
30th Jul 20103:17 pmPRNIssue of Equity
14th Jul 20107:00 amPRNUS$2.1 million AIS Orders Received
2nd Jul 20107:00 amPRNUS$500,000 AIS Class A Order Received
30th Jun 201012:32 pmPRNTotal Voting Rights
30th Jun 20107:00 amPRNTETRA Licence Agreement
22nd Jun 20107:00 amPRNStrategic AIS Agreement signed in South Korea
21st Jun 20108:50 amPRNUS$480,000 AIS Class A Order Received
11th Jun 20103:20 pmPRNIssue of Equity
7th Jun 20107:00 amPRNFinal Results For The Year Ended 31 March 2010
1st Jun 20104:34 pmPRNIssue of Equity
28th May 20107:00 amPRNTransceiver Approvals Received and Shipping Commenced
22nd Apr 201010:18 amPRNUS$270,000 AIS Class B Module Order
1st Apr 20107:00 amPRNUS$700,000 AIS Class A Order
26th Mar 20104:26 pmPRNHolding(s) in Company
22nd Mar 20107:00 amPRNUS$1.46 million AIS Class A Orders Received
16th Mar 20107:00 amPRNCommencement of AIS Mandate in Turkey
2nd Mar 20107:00 amPRNAIS Agreement Signed
18th Feb 20109:48 amPRNGrant of Options
22nd Dec 20097:00 amPRNSRT signs deals targeting AIS mandates
1st Dec 20097:00 amPRNAIS Class A Agreements
27th Nov 20097:00 amPRNDirectorate Change
26th Nov 20097:00 amPRNNominated Adviser Change of Name

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