TIDMSRT

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)                                simon.tucker@srt-marine.com 
   Louise Coates (Marketing Manager)                 louise.coates@srt-marine.com 
   finnCap Ltd 
   Jonny Franklin-Adams / Teddy Whiley (Corporate 
    Finance)                                         +44 (0) 20 7220 0500 
   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        Ordinary Shares of 0.1p each in SRT Marine Systems plc 
      instrument Identification code 
                                                               ISIN - GB00B0M8KM36 
---                                                          --------------------------------------------------------- 
 b)   Nature of the transaction                               Acquisition of 56,301 Ordinary Shares 
---                                                          --------------------------------------------------------- 
 c)   Price(s) and volume(s)                                  Price(s)                                  Volume(s) 
 
                                                               35.5p per Ordinary Share                  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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END

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July 29, 2021 09:16 ET (13:16 GMT)

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