Issue of Equity

RNS Number : 8060J

Software Radio Technology PLC

10 August 2012

 



SOFTWARE RADIO TECHNOLOGY PLC

("SRT" or the "Company")

Issue of Equity

The Directors of SRT announce that they have issued and allotted 30,000 new ordinary shares of 0.1p each in the Company following the conversion of employee share options in the Company at 2.5p per share.

Following the issue of the new shares, there are 115,749,774 ordinary shares of 0.1p of SRT in issue with each share carrying the right to one vote.

Application will be made for the new shares to be admitted to trading on AIM which is expected to occur on 16 August 2012.

Enquiries:

Software Radio Technology plc	[phone]
Simon Tucker / Richard Hurd	[phone]
Westhouse Securities Limited
Richard Baty
Allerton Communications	[phone]
Peter Curtain

About SRT

Software Radio Technology plc, develops advanced radio communications technologies which are used to create enabling modules and OEM products. SRT Marine Technology Limited focuses on VHF and AIS technologies for use in navigation and homeland security identification and tracking applications. SRT Marine Technology provides its solutions in a variety of module and OEM product formats

 

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