Srt Marine Systems PlcLSE: SRT

Fundraise Update

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:

2024

Announce the Fundraising

13-Nov

Retail Offer opens

7:05 a.m.

13-Nov

Retail Offer closes

6:00 p.m.

13-Nov

Publication and posting of the Circular and the Form of Proxy

14-Nov

Announcement of the results of the Retail Offer

14-Nov

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

General Meeting

11.00 a.m.

02-Dec

Announcement of the results of the General Meeting

02-Dec

Admission and commencement of dealings on AIM

08.00 a.m.

03-Dec

*Timings still subject to change with separate notification

For further information, please contact:

SRT Marine Systems plc

www.srt-marine.com 

+ 44 (0) 1761 409500

Simon Tucker (CEO)

simon.tucker@srt-marine.com

Kevin Finn (Chairman)

Kevin.finn@srt-marine.com  

Cavendish Capital Markets Limited (NOMAD & Broker)

Jonny Franklin-Adams / Teddy Whiley / Finn Gordon (Corporate Finance)

+44 (0) 20 7220 0500

Tim Redfern / Ondraya Swanson (Corporate Broking)

Yellow Jersey PR

Charles Goodwin / Annabelle Wills

+44 (0)774 7788 221

srt@yellowjerseypr.com

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.