OTAQ Plc (OTAQ) Director/PDMR Shareholding 09-Nov-2022 / 13:47 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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OTAQ plc

("OTAQ", the "Company" or the "Group")

Director/PDMR Shareholding

OTAQ, the innovative technology company targeting the aquaculture, geotracking and offshore markets, announces the following share purchases by Persons Discharging Managerial Responsibilities of the Company ("PDMR") through their participation in the recent Open Offer and Placings as previously disclosed.

Name          Title           Number of Shares Share Holding post   Percentage Share Holding    Number of Warrants post 
                              Acquired         transaction          post transaction            transaction 
Philip Newby  Chief Executive 500,000          1,375,820            1.08%                       125,000 
              Officer 
Alex Hambro   Non-Executive   375,000          687,273              0.54%                       93,750 
              Chairman 
George Watt   Non-Executive   393,728          604,638              0.47%                       98,432 
              Director 
Sarah Stoten  Non-Executive   625,000          993,648              0.78%                       156,250 
              Director 

Enquiries

OTAQ plc                                               +44 (0)1524 748028 
Alex Hambro, Non-Executive Chairman 
Phil Newby, Chief Executive Officer 
Matt Enright, Chief Financial Officer 
 
Dowgate Capital Limited - AQSE Corporate Adviser & Broker +44 (0)20 3903 7715 
David Poutney / James Serjeant 
Russell Cook / Nicholas Chambers 
 
Walbrook PR Limited - PR                            +44 (0)20 7933 8780 or OTAQ@walbrookpr.com 
Tom Cooper / Nick Rome                               07971221972 or 07748325236 
 

About OTAQ

OTAQ is a highly innovative technology company targeting the aquaculture, geotracking 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.

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.

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 makes this announcement, including the notification(s) below, in accordance with the requirements of the EU Market Abuse Regulation.

1             Details of the person discharging managerial responsibilities / person closely associated 
 
              Name                                                    1. Philip Newby 
a)                                                                    2. Alex Hambro 
                                                                      3. George Watt 
                                                                      4. Sarah Stoten 
 
 
2             Reason for the notification 
 
                                                                      1. Chief Executive Officer and PDMR 
 
                                                                      2. Non-Executive Chairman and PDMR 
              Position/status 
a)                                                                    3. Non-Executive Director and PDMR 
 
                                                                      4. Non-Executive Director and PDMR 
 
 
 
b)            Initial notification /Amendment 
                                                                     Initial Notification 
 
3             Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction 
              monitor 
 
 
a)            Name 
                                                                     OTAQ plc 
 
b)            LEI 
                                                                     213800CZGMYB5XTUXJ52 
 
4             Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of 
              transaction; (iii) each date; and (iv) each place where transactions have been conducted 
 
 
                                                                     Ordinary shares of 1 penny each 
 
              Description of the financial instrument, type of 
              instrument 
a) 
              Identification code 
 
                                                                     ISIN: GB00BK6JQ137 
 
              Nature of the transaction 
b) 
                                                                     Purchase of ordinary shares 
 
 
 
                                                                     Price                     Volume(s) 
              Price(s) and volume(s)                                  1. 4p  500,000 
c)                                                                    2. 4p 
                                                                      3. 4p  375,000 
                                                                      4. 4p 
                                                                                               393,728 
 
                                                                                               625,000 

Aggregated information

d)

e) Date of the transaction

09 November 2022

f) Place of the transaction

AQSE

1             Details of the person discharging managerial responsibilities / person closely associated 
 
              Name                                          1. Philip Newby 
a)                                                          2. Alex Hambro 
                                                            3. George Watt 
                                                            4. Sarah Stoten 
 
 
2             Reason for the notification 
 
                                                            1. Chief Executive Officer and PDMR 
              Position/status                               2. Non-Executive Chairman and PDMR 
a)                                                          3. Non-Executive Director and PDMR 
                                                            4. Non-Executive Director and PDMR 
 
 
 
b)            Initial notification /Amendment 
                                                           Initial Notification 
 
3             Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction 
              monitor 
 
 
a)            Name 
                                                           OTAQ plc 
 
b)            LEI 
                                                           213800CZGMYB5XTUXJ52 
 
4             Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of 
              transaction; (iii) each date; and (iv) each place where transactions have been conducted 
 
 
                                                           Warrants to subscribe for ordinary shares 
              Description of the financial instrument, 
              type of instrument 
 
a) 
 
              Identification code 
 
 
 
                                                           n/a 
              Nature of the transaction 
b)                                                         Grant of warrants connected to purchase of shares in Open 
                                                           Offer and Share Placing 
 
 
 
                                                           Exercise Price 
                                                                           Volume(s) 
                                                           1. 12p 
              Price(s) and volume(s)                                       125,000 
c)                                                         2. 12p 
                                                                           93,750 
                                                           3. 12p 
                                                                           98,432 
                                                           4. 12p 
                                                                           156,250 
 

Aggregated information

d)

e) Date of the transaction

09 November 2022

f) Place of the transaction

AQSE

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November 09, 2022 08:47 ET (13:47 GMT)

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