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SRT

-3.36%
NEUTRAL

SRT Marine Systems Announces Director Share Option Grant and Exercise

Why we think this is neutral

The RNS announcement is related to a director's share option grant and exercise, which does not fall into the mandatory news types that require further in-depth analysis. As such, the sentiment is assessed as neutral.

Key Points

  • Grant of 500,000 share options to executive director Jean Francois Bonnin
  • Exercise of 175,000 share options and sale of 175,000 ordinary shares by Jean Francois Bonnin
  • New ordinary shares to be admitted to trading on AIM

Summary

The technology company has announced a director's share option grant and exercise, providing details on the transaction.

SRT Marine Systems plc, a global provider of maritime domain awareness systems and technologies, has announced a grant of options, option exercise and share sale by executive director, Jean Francois Bonnin. The details include the grant of 500,000 options, the exercise of 175,000 options, and the subsequent sale of 175,000 ordinary shares.

DIRECTOR DEALINGS