SRT Marine Systems Raises £8.5 Million in Retail Offer

SRT Marine Systems (GB:SRT) has released an update.

SRT Marine Systems PLC successfully concluded its Retail Offer, generating £0.95 million by issuing 2,733,965 shares at 35 pence each. With this, the total fundraising amounts to approximately £8.5 million, subject to shareholder approval at the upcoming General Meeting. The new shares are anticipated to commence trading on AIM following the meeting in December.

For further insights into GB:SRT stock, check out TipRanks’ Stock Analysis page.

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