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Penningtons Manches Cooper acts for finnCap on £4.9 million equity fundraising for SRT Marine Systems

Posted: 16/03/2022

The corporate team at Penningtons Manches Cooper has advised finnCap as nominated adviser and broker to SRT Marine Systems plc on a £4.9 million placing with existing and new investors.

SRT Marine Systems plc is a global provider of integrated maritime surveillance systems and digital navigation safety transceivers.

The proceeds will be used to provide working capital to enable implementation of multiple strategic projects as well as to enable increased production of digital navigation transceivers.

London-based corporate partner, Seb Orton, led on this deal with assistance from associate James Mann.

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Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.

Penningtons Manches Cooper LLP