SRT Marine Systems PLC Director/PDMR Shareholding (3802H)

TIDMSRT

RNS Number : 3802H

SRT Marine Systems PLC

05 April 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 61,122 ordinary shares of 0.1p each in SRT ("Ordinary Shares") at a price of 32.70 pence per Ordinary Share.

Following this acquisition, Mr. Tucker is interested in 2,974,766 Ordinary Shares, representing approximately 1.64 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                            www.srt-marine.com 
    Simon Tucker (CEO)                                + 44 (0) 1761 409500 
    Louise Coates (Marketing Manager)                 [e-mail] 
                                                      [e-mail] 
 
    finnCap Ltd 
   Jonny Franklin-Adams / Teddy Whiley (Corporate 
    Finance)                                         [phone] 
   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        Ordinary Shares of 0.1p each in SRT Marine Systems plc 
      instrument Identification code 
                                                               ISIN - GB00B0M8KM36 
---                                                          --------------------------------------------------------- 
 b)   Nature of the transaction                               Purchase of Ordinary Shares 
---                                                          --------------------------------------------------------- 
 c)   Price(s) and volume(s)                                  Price(s)                          Volume(s) 
 
                                                               32.70 pence                       61,122 
---                                                          --------------------------------  ----------------------- 
 d)     Aggregated information                                 See 4c) above 
          *    Aggregated volume 
 
 
 
          *    Price 
---  ------------------------------------------------------  --------------------------------------------------------- 
 e)   Date of the transaction                                 5 April 2022 
---                                                          --------------------------------------------------------- 
 f)   Place of the transaction                                London Stock Exchange, AIM 
---                                                          --------------------------------------------------------- 
 

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April 05, 2022 12:07 ET (16:07 GMT)