10th Aug 2012 14:09
SOFTWARE RADIO TECHNOLOGY PLC
("SRT" or the "Company")
Issue of Equity
The Directors of SRT announce that they have issued and allotted 30,000 new ordinary shares of 0.1p each in the Company following the conversion of employee share options in the Company at 2.5p per share.
Following the issue of the new shares, there are 115,749,774 ordinary shares of 0.1p of SRT in issue with each share carrying the right to one vote.
Application will be made for the new shares to be admitted to trading on AIM which is expected to occur on 16 August 2012.
Enquiries:
Software Radio Technology plc | +44 (0)1761 409500 |
Simon Tucker / Richard Hurd | +44 (0)20 7601 6100 |
Westhouse Securities Limited | |
Richard Baty | |
Allerton Communications | +44 (0)20 3137 2500 |
Peter Curtain | |
About SRT
Software Radio Technology plc, develops advanced radio communications technologies which are used to create enabling modules and OEM products. SRT Marine Technology Limited focuses on VHF and AIS technologies for use in navigation and homeland security identification and tracking applications. SRT Marine Technology provides its solutions in a variety of module and OEM product formats
Related Shares:
Srt Marine Sys.