AGM Update

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

AGM Update

SRT Marine Systems PLC, a global provider of maritime surveillance, monitoring and management systems, today announces that it is hosting its Annual General Meeting ("AGM") today at its offices in Somerset, starting at 11:00 am. 

During the AGM a comprehensive business operations update will be provided by the Company's Management team. This will also confirm that the Company has made excellent financial and operational progress during the first half of the financial year across both its transceiver and systems divisions, and that therefore the company is expecting H1-2022 to be materially better than the same period last year. A further statement containing revenue guidance for H1 and prospects for H2 will be made on Monday 3^rd October following the end of the period, along with a date for release of interim half year accounts.

SRT CEO, Simon Tucker said:

"SRT has been exceptionally busy during the first half of the year progressing existing system contracts and growing our transceivers business. Additionally there has been much progress with a number of new system contracts which we expect to convert soon."

About SRT Marine Systems plc:

SRT Marine Systems PLC is a global company which develops and provides integrated maritime surveillance, monitoring, management and safety systems used by coast guards, fishery authorities, infrastructure and vessel owners for the purposes of managing and controlling their maritime domain.  Applications include security, safety, search & rescue, law enforcement, fisheries management, illegal fishing detection and environment monitoring.