ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

SRT Srt Marine Systems Plc

23.00
0.50 (2.22%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Srt Marine Systems Plc LSE:SRT London Ordinary Share GB00B0M8KM36 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 2.22% 23.00 22.00 24.00 23.00 22.50 22.50 514,407 08:00:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 30.51M 69k 0.0004 575.00 44.27M

SRT Marine Systems PLC Exercise of Options, PDMR Dealings and TVR (9626V)

11/04/2019 5:00pm

UK Regulatory


Srt Marine Systems (LSE:SRT)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Srt Marine Systems Charts.

TIDMSRT

RNS Number : 9626V

SRT Marine Systems PLC

11 April 2019

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

Exercise of Options, PDMR Dealings and Total Voting Rights

SRT Marine Systems PLC (SRT), a global provider of maritime surveillance, monitoring and management systems, announces that it was notified on 10 April 2019 that certain Directors of the Company, have exercised share options ("Share Options") over a total of 1,375,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares"). The share options were granted in 2009 and were due to expire unless exercised by July 2019.

Subsequently on 11 April 2019, Mr Peniket, Chief Operating Officer of the Company, sold 200,000 Ordinary Shares to finance the associated purchase costs and tax liabilities upon exercise of the Share Options (the "Sale").

Details of the Share Options and Sale are as follows:

 
 Name            No. of           Exercise   No. of      Price at          Resultant      Resultant 
                  Share Options    price      Ordinary    which Ordinary    number         interest 
                  exercised                   Shares      Shares            of Ordinary    in Ordinary 
                                              sold        were sold         Shares         Shares 
                                                                            held           following 
                                                                                           Admission 
 Richard 
  Hurd           75,000           2.5p       -           n/a               100,000        0.06% 
                ---------------  ---------  ----------  ----------------  -------------  ------------- 
 Neil Peniket    1,300,000        2.5p       200,000     32.5p             1,100,000      0.71% 
                ---------------  ---------  ----------  ----------------  -------------  ------------- 
 

Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to take place at 8.00 a.m. on 17 April 2019.

Following Admission, there will be 154,632,419 Ordinary Shares in issue with each Ordinary 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.

 
 For further information, please contact: 
 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 
 Marc Milmo / Anthony Adams (Corporate Finance)             +44 (0) 20 7220 0500 
 Tim Redfern / Richard Chambers (Corporate 
  Broking) 
 
 
 

About SRT Marine Systems plc:

SRT develops, manufactures and supplies maritime vessel 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.

 
 1.   Details of the Person discharging managerial responsibilities 
       ("PDMR") / person closely associated with them ("PCA") 
 a)   Name                            Richard Hurd 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               Chief Financial Officer 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            SRT Marine Systems Plc 
     ------------------------------  ---------------------------------------- 
 b)   Legal Entity Identifier         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              Ordinary shares of 0.1 pence each 
       financial instrument            in the Company 
                                       GB00B0M8KM36 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the transaction       Exercise of Share Options over Ordinary 
                                       Shares 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        2.5p       75,000 Ordinary Shares 
                                                  ----------------------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information      n/a 
             *    Aggregated volume     n/a 
 
 
             *    Aggregated price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction(s)      10 April 2019 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        Outside a trading venue 
     ------------------------------  ---------------------------------------- 
 
 
 1.   Details of the Person discharging managerial responsibilities 
       ("PDMR") / person closely associated with them ("PCA") 
 a)   Name                            Neil Peniket 
     ------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status               Chief Operating Officer 
     ------------------------------  ---------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            SRT Marine Systems Plc 
     ------------------------------  ---------------------------------------- 
 b)   Legal Entity Identifier         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              Ordinary shares of 0.1 pence each 
       financial instrument            in the Company 
                                       GB00B0M8KM36 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the transaction       Exercise of Share Options over Ordinary 
                                       Shares 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        2.5p       1,300,000 Ordinary Shares 
                                                  -------------------------- 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     n/a 
                                        n/a 
 
             *    Aggregated price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction(s)      10 April 2019 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        Outside a trading venue 
     ------------------------------  ---------------------------------------- 
 
 
 1.   Details of the Person discharging managerial responsibilities 
       ("PDMR") / person closely associated with them ("PCA") 
 a)   Name                            Neil Peniket 
     ------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position / status               Chief Operating Officer 
     ------------------------------  ------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                            SRT Marine Systems Plc 
     ------------------------------  ------------------------------------- 
 b)   Legal Entity Identifier         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              Ordinary shares of 0.1 pence each 
       financial instrument            in the Company 
                                       GB00B0M8KM36 
     ------------------------------  ------------------------------------- 
 b)   Nature of the transaction       Sale of Ordinary Shares 
     ------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        32.5p      200,000 Ordinary Shares 
                                                  ------------------------ 
     ------------------------------  ------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume     n/a 
                                        n/a 
 
             *    Aggregated price 
     ------------------------------  ------------------------------------- 
 e)   Date of the transaction(s)      11 April 2019 
     ------------------------------  ------------------------------------- 
 f)   Place of the transaction        AIM 
     ------------------------------  ------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHIBMATMBIBBFL

(END) Dow Jones Newswires

April 11, 2019 12:00 ET (16:00 GMT)

1 Year Srt Marine Systems Chart

1 Year Srt Marine Systems Chart

1 Month Srt Marine Systems Chart

1 Month Srt Marine Systems Chart

Your Recent History

Delayed Upgrade Clock