News and Publications

Penningtons Manches Cooper acts for finnCap on £5.36 million equity fundraising for SRT Marine Systems

Posted: 30/06/2023

The corporate team at Penningtons Manches Cooper has advised finnCap as nominated adviser and broker to SRT Marine Systems plc on a £5.36 million fundraising with existing and new investors, comprising a non-pre-emptive placing and retail offer.

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

The proceeds will be used to facilitate accelerated growth through provision of working capital for the company’s systems and transceivers divisions.

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

Arrow GIFReturn to news headlines

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