SRT Marine Systems PLC Holding(s) in Company (1245Y)

TIDMSRT

RNS Number : 1245Y

SRT Marine Systems PLC

29 December 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B0M8KM36

Issuer Name

SRT MARINE SYSTEMS PLC

UK or Non-UK Issuer

2. Reason for Notification

Other

Comments

Issue of new shares by Issuer diluting holding

3. Details of person subject to the notification obligation

Name

David and Monique Newlands

City of registered office (if applicable)

Country of registered office (if applicable)

 
  Name    City of registered office    Country of registered office

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

28-Dec-2023

6. Date on which Issuer notified

28-Dec-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                2.509                   0.274                   2.783                   5,895,000 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            2.83                    0.20                    3.03 
                        ======================  ======================  ======================  ======================

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00B0M8KM36               5,315,000                                       2.509 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              5,315,000                                       2.509% 
                        ==============================================  ==============================================

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ==================

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date   Exercise/conversion   Physical or cash    Number of voting    % of voting rights 
instrument                            period                settlement          rights 
 long spread bet     rolling                                  Cash               580,000             0.274 
                    ======================================   =================  ==================  ================== 
Sub Total 8.B2                                                                   580,000             0.274% 
                                                                                ==================  ==================

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

 
Ultimate controlling    Name of controlled      % of voting rights if   % of voting rights      Total of both if it 
person                  undertaking             it equals or is higher  through financial       equals or is higher 
                                                than the notifiable     instruments if it       than the notifiable 
                                                threshold               equals or is higher     threshold 
                                                                        than the notifiable 
                                                                        threshold

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

28-Dec-2023

13. Place Of Completion

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END

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