SRT Marine Systems ( (GB:SRT) ) just unveiled an update.
SRT Marine Systems PLC has announced the issuance and allotment of 20,000 new ordinary shares following the conversion of employee share options, with each share priced at 0.1p. This move will increase the total number of ordinary shares to 249,982,656, impacting shareholder voting rights and potentially influencing market perceptions of the company’s financial health and employee incentive structures.
More about SRT Marine Systems
SRT Marine Systems PLC is a leader in the global maritime domain awareness market, providing technology-driven solutions for coastal and EEZ surveillance, fisheries management, monitoring, and navigation safety. Their clientele includes government agencies such as Coast Guards, Fishery Authorities, and Ports & Waterway authorities, as well as commercial and leisure vessel owners.
YTD Price Performance: 48.78%
Average Trading Volume: 371,895
Technical Sentiment Signal: Sell
Current Market Cap: £151.7M
See more insights into SRT stock on TipRanks’ Stock Analysis page.