Total voting rights | 02.09.24

September 2, 2024

OTAQ plc

(“OTAQ“or the “Company”)

Total voting rights

In accordance with the FCA’s Disclosure Guidance and Transparency Rules, the Company announces that as at the date of this announcement it has in issue 128,481,040 ordinary shares of 1 penny each with voting rights (“Ordinary Shares”). The Company does not hold any Ordinary Shares in its own funds. Therefore, the total number of Ordinary Shares in the Company with voting rights will be 128,481,040.

The above amount may be used by shareholders of the Company as the denominator for calculations by which they determine whether 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.

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About OTAQ

OTAQ is a highly innovative technology company focused on 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 through acquisition.

OTAQ’s aquaculture products, including a sonar device (developed for Minnowtech LLC) to scan shrimp in ponds and water quality monitoring, are focused on maximizing welfare and production yields. In addition, the company is developing a potentially breakthrough product for live plankton analysis for finfish and shellfish farmers. It also continues to pursue opportunities in the acoustic deterrent market through 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 areas and has a strong customer base including Expro, Amphenol and National Oilwell Varco. The company is also focusing on new product development through this division, with the aim of achieving greater cross-deployment of skills and technologies into the aquaculture arena.

The company also develops highly accurate location trackers for specialist applications. Having already added customers within safety and multiple participant sports/racing applications, the company is exploring broader market potential – including opportunities in the seafood industry.