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Delisting of SRT Marine Systems PLC, - Secured Loan Notes – Supplement #4 – 10% Due 7th, October 2021

Hamilton, Bermuda – 13th, October 2021 – SRT Marine Systems PLC (the “Company”) has advised the Bermuda Stock Exchange (the Exchange) of the maturity and redemption of the Company’s BSX listed Secured Loan Notes – Supplement #4 – 10% Due 7th, October 2021 (the Notes). 

 

 

SRT Marine Systems PLC filed the following release:

 

Redemption of SRT Marine Systems PLC Notes

 

Hamilton, Bermuda – 7th October 2021 – SRT Marine Systems PLC (the “Company”) advises that, following the redemption in accordance with their terms on 7th October 2021 of the Company’s Bermuda Stock Exchange (“BSX”) listed £1,000,000 – Supplement 4 Issue #5 – 10% Secured Loan Notes Due 7th October 2021 (the “Notes”), said Notes have been delisted from the BSX.

 

About SRT Marine Systems PLC (SRT)

 

SRT and its subsidiaries develop and supply technologies, products and systems which provide maritime domain awareness (“MDA”).  MDA is the understanding and tracking of the maritime domain for the sake of security, safety, economy, or environment.  The Company’s systems are used across a range of applications including maritime surveillance border control and security, fishery monitoring & management infrastructure monitoring, search and rescue and environment monitoring.  SRT’s products provide customers with information, analysis, dynamic event visualization, and management functionality that enable them to understand, monitor, control and manage maritime activities.  SRT is based in Bath, U.K.

 

For further information, please contact:

 

LGB & Co. Limited

Dan Lawson, LGB Capital Markets

0207 518 9899

Simone Westerhuis, LGB Investments

0207 758 9622

 

 SRT Marine Systems PLC

Richard Hurd

 

Simon Tucker

 

 

The Exchange has therefore de-listed the Notes pursuant to the provisions of the BSX Listing Regulations, Section I, Chapter 2, Regulation 2.33.  The de-listing from the Exchange is effective today Wednesday, 13th, October 2021.

 

           

 # # #

 

For more information on the Bermuda Stock Exchange (BSX), contact James Best at 1-441-292-7212 or jbest@bsx.com . Information is also available at www.bsx.com and on Bloomberg at BSX.

 

Established in 1971 the Bermuda Stock Exchange (BSX) is the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities.

 

The BSX is a full member of the World Federation of Exchanges (WFE) and is in an O.E.C.D. member nation and an affiliate member of IOSCO. The BSX is recognised by the US SEC as a Designated Offshore Securities Market. In addition, the BSX is recognized by the U.S. Securities & Exchange Commission (SEC) as a Designated Offshore Securities Market under Regulation S; The Financial Services Authority in the UK as a Designated Investment Exchange; HM Revenue & Customs in the UK as a Recognized Stock Exchange; The Bermuda Monetary Authority as a Recognised Investment Exchange; and as an Approved Stock Exchange under Australia’s Foreign Investment Funds (FIF) taxation rules; and Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.

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