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SRT Marine Systems PLC announced on 11 November 2024 an update on its Fundraise, stating it is in ongoing talks with existing shareholders regarding participation. The company expects to announce further details, including a Retail Offer, on 13 November 2024, with the Retail Offer opening at 7:05 a.m. and closing at 6:00 p.m. on the same day. A provisional timetable outlines a General Meeting at 11:00 a.m. on 02 December 2024 and admission to dealings on AIM at 8:00 a.m. on 03 December 2024.
| Date | 11 Nov 2024 |
| Time | 16:15:03 |
| Category | Corporate updates |
| ID | 7675L |
SRT MARINE SYSTEMS PLC
(AIM: SRT)
("SRT" or the "Company")
Fundraise Update
SRT Marine Systems plc, a global provider of maritime domain awareness systems and technologies for security, safety and environmental protection, announces that further to the announcement made on 30 October 2024, the Company is in ongoing talks with existing shareholders regarding participation in the Fundraising and as such expects to announce further details about the Fundraising, including a Retail Offer, on Wednesday this week, and provides the following provisional timetable based on the Company's current expectations:
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2024 |
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Announce the Fundraising |
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13-Nov |
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Retail Offer opens |
7:05 a.m. |
13-Nov |
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Retail Offer closes |
6:00 p.m. |
13-Nov |
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Publication and posting of the Circular and the Form of Proxy |
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14-Nov |
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Announcement of the results of the Retail Offer |
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14-Nov |
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Latest time and date for receipt of Forms of Proxy or electronic proxy appointments for use at the General Meeting |
11:00 a.m. |
28-Nov |
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General Meeting |
11.00 a.m. |
02-Dec |
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Announcement of the results of the General Meeting |
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02-Dec |
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Admission and commencement of dealings on AIM |
08.00 a.m. |
03-Dec |
*Timings still subject to change with separate notification
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For further information, please contact: |
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SRT Marine Systems plc |
+ 44 (0) 1761 409500 |
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Simon Tucker (CEO) |
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Kevin Finn (Chairman) |
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Cavendish Capital Markets Limited (NOMAD & Broker) |
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Jonny Franklin-Adams / Teddy Whiley / Finn Gordon (Corporate Finance) |
+44 (0) 20 7220 0500 |
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Tim Redfern / Ondraya Swanson (Corporate Broking) |
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Yellow Jersey PR |
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Charles Goodwin / Annabelle Wills |
+44 (0)774 7788 221 |
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About SRT Marine Systems plc:
SRT Marine Systems PLC is an established leader in the growing global market for maritime domain awareness. We provide technology driven solutions for coastal and EEZ surveillance, fisheries management and monitoring and navigation safety and efficiency. Our customers range from government agencies such as Coast Guards, Fishery Authorities and Ports & Waterway authorities to commercial and leisure vessel owners.