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
|
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Adam Reynolds, Non-Executive
Chairman
|
|
|
Phil Newby, Chief Executive
Officer
|
|
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Justine Dowds, Chief Financial
Officer
|
|
|
|
|
|
Dowgate Capital
Limited (AQSE Corporate Advisor & Broker)
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020 3903 7715
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David Poutney / James
Serjeant
Nicholas Chambers / Russell
Cook
|
|
|
|
|
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Walbrook PR
Limited
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Tel: 020 7933 8780 or
Otaq@walbrookpr.com
|
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Tom Cooper / Nick Rome
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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.
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Group.
The issuer is solely responsible
for the content of this announcement.