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The latest announcement is out from SRT Marine Systems ( (GB:SRT) ).
SRT Marine Systems PLC has announced the issuance and allotment of 88,000 new ordinary shares following the conversion of employee share options, with each share priced at 0.1p. These shares are expected to be admitted to trading on AIM by 21 July 2025, increasing the total number of voting shares to 250,295,656, which will be used by shareholders to calculate their interests under the Financial Conduct Authority’s rules.
Spark’s Take on GB:SRT Stock
According to Spark, TipRanks’ AI Analyst, GB:SRT is a Neutral.
While SRT Marine Systems showcases promising business momentum through strategic projects and contracts, it faces substantial financial challenges. The stock’s technical indicators are positive, indicating strong market interest, but financial instability and valuation uncertainties weigh significantly on the overall score.
To see Spark’s full report on GB:SRT stock, click here.
More about SRT Marine Systems
SRT Marine Systems PLC is a leader in the maritime domain awareness industry, providing technology-driven solutions for coastal and EEZ surveillance, fisheries management and monitoring, and navigation safety and efficiency. Their clientele includes government agencies such as Coast Guards, Fishery Authorities, and Ports & Waterway authorities, as well as commercial and leisure vessel owners.
Average Trading Volume: 297,033
Technical Sentiment Signal: Buy
Current Market Cap: £210.2M
For detailed information about SRT stock, go to TipRanks’ Stock Analysis page.