Director/PDMR Shareholding

RNS Number : 9560G

SRT Marine Systems PLC

29 July 2021

 

SRT MARINE SYSTEMS PLC

("SRT" or the "Company")

Director/PDMR Shareholding

SRT Marine Systems PLC, a global provider of maritime surveillance, monitoring and management systems, has received notification from Mr Simon Tucker, Chief Executive Officer of the Company, that he has acquired 56,301 ordinary shares of 0.1p each in SRT ("Ordinary Shares") at a price of 35.5 pence per Ordinary Share.

Following this acquisition, Mr. Tucker is interested in 2,763,741 Ordinary Shares, representing approximately 1.68 per cent. of the Company's issued share capital.

The notifications below, made in accordance with the requirements of the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time, provide further detail.

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 / Charlotte Sutcliffe (Corporate Broking)

About SRT: SRT Marine Systems plc (SRT) is an established marine-tech business that specialises in providing solutions that deliver enhanced maritime safety, security and management to vessel owners/operators and national maritime authorities around the world such as coast guards, fishery authorities and infrastructure owners. We generate revenues and profits from the sale of individual hardware products, software licenses and ongoing long term data and system service contracts.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Simon Tucker
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SRT Marine Systems plc
b)	LEI	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 financial instrument, type of instrument Identification code	Ordinary Shares of 0.1p each in SRT Marine Systems plc ISIN - GB00B0M8KM36
b)	Nature of the transaction	Acquisition of 56,301 Ordinary Shares
c)	Price(s) and volume(s)	Price(s) 35.5p per Ordinary Share	Volume(s) 56,301
d)	Aggregated information
	- Aggregated volume	See c) above
	- Price	See c) above
e)	Date of the transaction	29/07/2021
f)	Place of the transaction	London Stock Exchange, AIM

 

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