OTAQ Plc (OTAQ)
Posting of Annual Report & Accounts and Notice of AGM

05-Jul-2024 / 12:35 GMT/BST


 

05 July 2024

OTAQ plc

("OTAQ", or the "Company")

 

Posting of Annual Report & Accounts

 and

 Notice of AGM

 

OTAQ plc (OTAQ.AQ), the innovative technology company targeting the aquaculture and offshore markets, announces that it has today posted to shareholders the Annual Report for the year ended 31 December 2023, Notice of the Annual General Meeting (“AGM') and proxy card. The AGM will be held at The Barracks, White Cross, Lancaster, LA1 4XF on 31 July 2024 at 11.00 a.m.

Shareholders intending to attend the AGM are asked to register their intention as soon as practicable by email to Justine Dowds using the following email address: justine.dowds@otaq.com.

The Annual Report for the year ended 31 December 2023 and Notice of AGM will shortly be available on the Company's website at www.otaq.com.

 

Contacts:

OTAQ PLC

01524 748010

Adam Reynolds, Non-Executive Chairman

 

Phil Newby, Chief Executive Officer

 

Justine Dowds, Chief Financial Officer

 

 

 

Dowgate Capital Limited (AQSE Corporate Advisor & Broker)

020 3903 7715

David Poutney / James Serjeant

Nicholas Chambers / Russell Cook

 

 

 

Walbrook PR Limited

Tel: 020 7933 8780 or Otaq@walbrookpr.com

Tom Cooper / Nick Rome

 0797 122 1972 or 07748 325 236

 

 

About OTAQ

OTAQ is a highly innovative technology company targeting the aquaculture 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.

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.

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.

Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.



Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: GB00BK6JQ137
Category Code: MSCH
TIDM: OTAQ
LEI Code: 213800CZGMYB5XTUXJ52
Sequence No.: 332450
EQS News ID: 1940737

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1940737&application_name=news&site_id=web_financial_group~~~0391ecb4-02bc-481b-819e-328c25dd6135

UK Regulatory announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.