SRT Marine Systems PLC Issue of Equity & Total Voting Rights (3509G)

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RNS Number : 3509G

SRT Marine Systems PLC

14 November 2022

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

Issue of Equity

and

Total Voting Rights

The Directors of SRT announce that they have issued and allotted 60,000 new ordinary shares of 0.1p each in the Company ("Ordinary Shares") following the conversion of employee share options in the Company at an exercise price of 0.23p per Ordinary Share.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 18 November 2022 ("Admission").

Following Admission there will be 180,736,939 Ordinary Shares in issue with each Ordinary Share carrying the right to one vote. This is also the total voting rights figure which may be used by shareholders as the denominator for the calculations by which they can 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)                                    [e-mail] 
 Louise Coates (Marketing Manager)                    [e-mail] 
 finnCap Ltd 
 Jonny Franklin-Adams / Teddy Whiley (Corporate 
  Finance)                                                    [phone] 
 Tim Redfern (ECM) 
 
 
 

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.

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November 14, 2022 11:00 ET (16:00 GMT)