Director/PDMR Shareholding

RNS Number : 9780E

SRT Marine Systems PLC

16 March 2022

 

SRT MARINE SYSTEMS PLC

("SRT" or the "Company")

Director/PDMR Shareholding

SRT Marine Systems PLC, a global provider of integrated maritime surveillance systems and digital navigation safety transceivers, has received notification from Mr Simon Tucker, Chief Executive Officer of the Company, that he has acquired 36,405 ordinary shares of 0.1p each in SRT ("Ordinary Shares") at a price of 34.30 pence per Ordinary Share.

Following this acquisition, Mr. Tucker is interested in 2,913,644 Ordinary Shares, representing approximately 1.61 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 Simon Tucker (CEO) Louise Coates (Marketing Manager) www.srt-marine.com  + 44 (0) 1761 409500 [e-mail] [e-mail] finnCap Ltd Jonny Franklin-Adams / Teddy Whiley (Corporate Finance) [phone] Tim Redfern / Charlotte Sutcliffe (Corporate Broking)

About SRT: SRT is a global leader in maritime surveillance, environment monitoring and navigation safety systems and technologies. Our customers include national security and safety agencies such as Coast Guards and national fishery agencies as well as individual vessel owners. Our products and systems provide customers with enhanced maritime domain awareness in order to solve problems that include maritime and border security, illegal fishing, marine environment protection and navigation safety.

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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) 34.30 pence	Volume(s) 36,405
d)	Aggregated information -  Aggregated volume -  Price	See 4c) above
e)	Date of the transaction	16 March 2022
f)	Place of the transaction	London Stock Exchange, AIM

 

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