SRT Marine Systems (SRT)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

43.50p
   
  • Change Today:
    -1.50p
  • 52 Week High: 48.00p
  • 52 Week Low: 17.00p
  • Currency: UK Pounds
  • Shares Issued: 222.63m
  • Volume: 280,433
  • Market Cap: £96.85m
  • RiskGrade: 240

SRT Marine Systems confirms fundraising talks

By Michele Maatouk

Date: Thursday 24 May 2018

LONDON (ShareCast) - (Sharecast News) - SRT Marine Systems, an AIM-listed provider of maritime tracking, monitoring and management systems, confirmed on Thursday that it is in talks with certain institutional and other investors about a fundraising.
Noting press speculation, the company said it was in discussions with regard to a proposed equity fundraising at between 25p and 30p per ordinary share and a further issue of loan notes to raise a total of around £6m.

SRT said a further announcement will be made in due course as appropriate.

Back in April, SRT said it expected to report a 22% year-on-year increase in revenues to £13.5m for the year to the end of March, and profit before tax and exceptional items of £1.3m.

At 1550 BST, the shares were down 9.7% to 26.40p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SRT Market Data

Currency UK Pounds
Share Price 43.50p
Change Today -1.50p
% Change -3.33 %
52 Week High 48.00p
52 Week Low 17.00p
Volume 280,433
Shares Issued 222.63m
Market Cap £96.85m
RiskGrade 240

SRT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
71.36% above the market average71.36% above the market average71.36% above the market average71.36% above the market average71.36% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Income Not Available
Growth Not Available

SRT Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:16 64,000 @ 45.00p
16:25 3,950 @ 42.80p
16:24 1,487 @ 43.00p
16:16 1 @ 44.25p
15:56 2,000 @ 44.64p

SRT Key Personnel

CEO Simon Richard Tucker
COO Neil Peniket
CFO Richard Hurd

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