Cancellation of admission to trading on the AQSE Growth Market

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018), AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN AND ANY PERSONS WHO RECEIVED INSIDE INFORMATION IN A MARKET SOUNDING ARE NO LONGER IN POSSESSION OF SUCH INSIDE INFORMATION.

 

 

10 December 2024

 

 

OTAQ plc

("OTAQ" or the "Company"}

 

Cancellation of admission to trading on the AQSE Growth Market

 

Result of General Meeting

 

 

OTAQ (OTAQ.AQ), an innovative technology company targeting the aquaculture and offshore markets, announces that at the General Meeting held earlier today, both Resolutions were passed as Special Resolutions.  Accordingly, cancellation of admission of the Company's Ordinary Shares to trading on the AQSE Growth Market will become effective at 7.00 a.m. on 23 December 2024.

 

Resolution	Votes for	% of shares voted	Votes against	% of shares voted
Resolution 1: Cancellation of the admission to trading on the AQSE Growth Market of the Ordinary Shares	74,399,102	96.7%	2,868,468	3.7%%
Resolution 2: The Company be re-registered as a private limited company under the Companies Act 2006 with the name of OTAQ Limited; and Adoption of the new articles of association of the Company	74,399,102	96.7%	2,868,468	3.7%

 

Further details regarding the Cancellation are set out in the circular sent to shareholders dated 22 November 2024.  A copy of the circular is available on the Company's website at https://otaq.com/investors/shareholder-notifications/.

 

 

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Circular to Shareholders dated 22 November 2024.

 

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 Russell Cook / Nicholas Chambers
Guild Financial Advisory Limited (Independent Financial Adviser)		david.floyd@guildfin.co.uk
David Floyd
Walbrook PR Limited	020 7933 8780 or Otaq@walbrookpr.com
Tom Cooper / Nick Rome	0797 122 1972 or 07748 325 236