5 September 2022

OTAQ plc

(“OTAQ” or the “Company”)
 

Posting of Annual Report & Accounts and Notice of AGM

OTAQ, the marine technology products and solutions group for the global aquaculture and offshore oil and gas industries, announces that it has today posted to shareholders the Annual Report for the year ended 31 March 2022, Notice of the Annual General Meeting (“AGM') and proxy card. The AGM will be held in person at 8-3-4 Harpers Mill, South Road, White Cross, Lancaster, LA1 4XF on 30 September 2022 at 11am.

Shareholders intending to attend the AGM are asked to register their intention as soon as practicable by email to Matt Enright using the following email address: .

The Annual Report for the year ended 31 March 2022 and Notice of AGM will shortly be available on the Company's website at .

Contacts:

About OTAQ:

OTAQ is a highly innovative marine technology company focused on the marine aquaculture, offshore energy, renewables and oceanographic research sectors. It has 43 employees in four worldwide locations: Lancaster, Aberdeen and Ulverston in the UK and Puerto Montt in Chile. OTAQ’s marine technology portfolio includes a market-leading intelligent acoustic deterrent system, designed to protect marine-based aquaculture sites from predation, with multiple systems deployed in Scotland, Chile, Finland and Russia.

The  leak detection systems have a global reputation as the industry standard solution and have been deployed successfully on hundreds of jobs.  The Dragonfish laser measurement system is fast becoming recognised as one of the most accurate underwater precision laser measurement systems available. OTAQ also has significant experience in the design & manufacture of underwater connectors, penetrators & communication systems.

It seeks to develop and continuously improve its products using its specialist mechanical, electronic and software engineers with decades of experience in bringing underwater technology products to market.

OTAQ is proud to be fully ISO 9001;2015 accredited through DNV-GL. ISO 9001 is an internationally recognised quality management system and demonstrates OTAQ’s commitment to consistency, continual improvement and customer satisfaction. The certification also demonstrates its ability to consistently deliver products and services to market whilst meeting statutory and regulatory requirements by applying an effective quality management system.