SRT Marine Systems Expands Equity with New Share Issuance

An announcement from SRT Marine Systems ( (GB:SRT) ) is now available.

SRT Marine Systems PLC has issued 50,000 new ordinary shares following the conversion of employee share options, with an expected admission to trading on AIM by February 7, 2025. This move increases the company’s total ordinary shares to 249,912,656, impacting shareholder voting rights and potentially influencing stakeholder engagement under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

More about SRT Marine Systems

SRT Marine Systems PLC is a leader in the global maritime domain awareness industry, offering technology-driven solutions for coastal and EEZ surveillance, fisheries management, and navigation safety. The company’s clientele includes government agencies such as Coast Guards and Fishery Authorities, as well as commercial and leisure vessel owners.

YTD Price Performance: 48.78%

Average Trading Volume: 231,988

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £152.4M

For a thorough assessment of SRT stock, go to TipRanks’ Stock Analysis page.