AERO Strat Aero

TIDMAERO

RNS Number : 4405X

Strat Aero PLC

21 February 2017

Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services

21 February 2017

Strat Aero plc ("Strat Aero", the "Company" or the "Group")

Result of General Meeting

Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle ("UAV") sector, is pleased to announce that all resolutions were duly passed at the General Meeting of the Company held earlier today.

Total Voting Rights

Following the issue of the Placing Shares, Director Placing Shares and Consideration Shares after the General Meeting which are all expected to be admitted to trading on AIM on 22 February 2017, the issued share capital of the Company is expected to consist of 1,914,285,262 Ordinary Shares.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

- ENDS -

For further information please visit www.strat-aero.com or contact:

 
 Strat Aero plc                   Tel: +44 (0) 1293 804741 
 Graham Peck (Chairman) 
 SP Angel Corporate Finance LLP   Tel: +44 (0) 20 3470 
                                   0470 
 Nominated Adviser and Joint 
  Broker 
 Stuart Gledhill 
  Jeff Keating 
 Beaufort Securities Limited      Tel: +44 (0) 20 7382 
                                   8300 
 Joint Broker 
 Elliot Hance 
 Cornhill Capital Ltd             Tel: +44 (0) 20 7710 
                                   9610 
 Joint Broker 
 Colin Rowbury 
 St Brides Partners Ltd           Tel: +44 (0) 20 7236 
                                   1177 
 Financial PR 
  Frank Buhagiar 
  Susie Geliher 
 

Notes

Strat Aero plc is a multi-divisional international aerospace services company, focussed primarily on the provision of complete client solutions in the Unmanned Aerial System ('UAS' market), which is predicted to show exponential growth over the coming decade. Commercial and military applications in UASs are expected to be a dynamic growth sector in the aerospace industry over the next 10 years with the UAS market forecast to grow to more than US$82.1 billion between 2015 and 2025 (AUVSI Economic Report 2013) and the global airborne Intelligence, Surveillance and Reconnaissance ('ISR') market estimated to grow to US$19.23 billion by 2023.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMEAFAFAEKXEFF

(END) Dow Jones Newswires

February 21, 2017 06:15 ET (11:15 GMT)

Strat Aero (LSE:AERO)
Historical Stock Chart
From Apr 2024 to May 2024

Strat Aero (LSE:AERO)
Historical Stock Chart
From May 2023 to May 2024