Ocean Harvest Technology Group plc
("OHT", the "Company", or the "Group")
Director/PDMR Dealing
Ocean Harvest Technology Group plc announces that it was notified on 6 July 2023 that, Stephen Walker, Non-Executive Director and PDMR, and Terance Butler Holdings Limited, a substantial shareholder and PDMR, purchased in aggregate 35,000 and 75,000 ordinary shares of 1 pence each ("Ordinary Shares") in the Company at a price of 13.60 pence and an average price of 14.06 pence, respectively, per Ordinary Share (the "Transactions").
Following the Transactions, Stephen Walker's beneficial interest in the Company is 120,000 Ordinary Shares, representing approximately 0.10 per cent. of the Company's total voting rights.
Following the Transactions, Terance Butler Holdings Limited's beneficial interest in the Company is 23,423,559 Ordinary Shares, representing approximately 18.61 per cent. of the total issued share capital.
Further details regarding the Transactions are set out in the disclosure tables below.
For more information please contact:
| Ocean Harvest Technology Group plc | Tel: +44 (0)118 228 7612
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| Mark Williams, CEO Andy Cox, Interim CFO
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| finnCap Ltd (Nominated Adviser and Sole Broker) | Tel: +44 020 7220 0500 |
| Geoff Nash / Seamus Fricker / George Dollemore (Corporate Finance)
Charlotte Sutcliffe / Harriet Ward (ECM) |
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Camarco (Financial PR Adviser) |
Tel: +44 (0) 203 757 4991 |
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Tom Huddart / Rosie Driscoll / Letaba Rimell |
Notes to Editors
Ocean Harvest Technology Group plc is a global leader in the development and commercialisation of value adding products from multiple species of seaweed. The Company provides a range of natural ingredients focused on improving animal performance whilst protecting the environment, through its unique and proven intellectual property portfolio. The Company's products are produced in its facility in Vietnam from seaweeds soured from multiple markets across the world.
For more information, please visit www.oceanharvesttechnology.com.
Further information is disclosed below pursuant to Article 19(3) of the Market Abuse Regulation.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Stephen Walker | ||||||
| 2. | Reason for the Notification | |||||||
| a) | Position/status | Non-Executive Director and PDMR | ||||||
| b) | Initial notification/Amendment | Initial Notification | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Ocean Harvest Technology Group plc | ||||||
| b) | LEI | 213800XTESSAZATP8Q19 | ||||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a) | Description of the Financial instrument, type of instrument | Ordinary Shares of 1 pence each | ||||||
| Identification code | GB00BQKR6R17 | |||||||
| b) | Nature of the transaction | Purchase of Shares | ||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information: · Aggregated volume · Price |
Purchase of 35,000 shares @ a price of 13.60 pence | ||||||
| e) | Date of the transaction | 6 July 2023 | ||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
| a) | Name | Terance Butler Holdings Limited | |||||||||
| 2. | Reason for the Notification | ||||||||||
| a) | Position/status | Person discharging managerial responsibility | |||||||||
| b) | Initial notification/Amendment | Initial Notification | |||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
| a) | Name | Ocean Harvest Technology Group plc | |||||||||
| b) | LEI | 213800XTESSAZATP8Q19 | |||||||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||||
| a) | Description of the Financial instrument, type of instrument | Ordinary shares of 1p each ("Ordinary Shares") | |||||||||
| Identification code | GB00BQKR6R17 | ||||||||||
| b) | Nature of the transaction | Purchase of Shares | |||||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information: · Aggregated volume · Price |
Purchase of 75,000 shares @ a price of 14.06 pence | |||||||||
| e) | Date of the transaction | 6 July 2023 | |||||||||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |||||||||
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