02 January 2023
OTAQ plc
("OTAQ", the "Company" or the
"Group")
Total Voting Rights
In compliance with the FCA's Disclosure Guidance and
Transparency Rules, the Company announces that, as at the date of
this announcement, it has 128,144,360 ordinary shares of 1 penny
each with voting rights in issue (“Ordinary Shares”). The Company
does not hold any Ordinary Shares in treasury. Therefore, the total
number of Ordinary Shares in the Company with voting rights will be
128,144,360.
The aforementioned figure may be used by shareholders in the
Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules.
Enquiries
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OTAQ PLC
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+44 (0) 1524 748028
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Adam Reynolds, Non-Executive Chairman
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Phil Newby, Chief Executive Officer
Justine Dowds, Interim Chief Financial Officer
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Dowgate Capital Limited - AQSE
Corporate Advisor & Broker
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+44 (0)20 3903 7715
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David Poutney / James Serjeant
Nicholas Chambers / Russell Cook
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Walbrook PR Limited – PR
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+44 (0)20 7933 8780
07971221972 or 07748325236
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Tom Cooper / Nick Rome
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OTAQ@walbrookpr.com
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About OTAQ
OTAQ is a highly innovative technology company targeting the
aquaculture, geotracking and offshore markets. It already has a
number of established products in its portfolio and is focused on
further developing its presence, customer base and cross selling
opportunities within core markets both organically and via
acquisition.
OTAQ’s aquaculture products, which include a sonar device
(developed for Minnowtech LLC) to scan shrimp in ponds and water
quality monitoring, are focused on maximising welfare and
production yields. Additionally, the Company is developing a
potentially game changing live plankton analysis product for
finfish and shellfish farmers. It also continues to target
opportunities in the acoustic deterrent devices market via its
Sealfence product, which is used by salmon farmers, with global
opportunities in Chile, Australia, Canada and Norway.
The Company is also developing high accuracy location
trackers for specialist applications. Having already added clients
within safety and multiple participant sport/racing applications,
the Company is investigating wider market potential - including
opportunities in the seafood industry.
OTAQ’s offshore product range includes OceanSense subsea leak
detection, Eagle IP camera systems, Lander seabed survey devices
and Subsea electrical connectors and penetrators. It is targeting a
number of growth opportunities in new territories and has a strong
client base including Expro, Amphenol and National Oilwell Varco.
The Company is also focused on the development of new products
through this division, with the aim of increased cross-deployment
of skills and technologies into the aquaculture arena.
