Share Price Movement (1446453)
20 Septiembre 2022 - 5:59AM
UK Regulatory
OTAQ Plc (OTAQ) Share Price Movement 20-Sep-2022 / 11:59 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", or the "Company")
Share Price Movement
OTAQ, the marine technology products and solutions group for the
global aquaculture and offshore energy industries, has noted the
movement in the Company's share price. The board are not aware of
any reason for the share price movement.
The Company is pleased to announce that it has been awarded an
initial order for the Company's tracker device from a UK railway
maintenance support services company. However, the initial order is
not material in the context of the Company's current trading,
although once successfully delivered the Company anticipates that
the customer will then place further orders.
Enquiries:
OTAQ PLC Via Walbrook
Alex Hambro, Non-Executive Chairman
Phil Newby, Chief Executive Officer
Matt Enright, Chief Financial Officer
Dowgate Capital Ltd (Broker & Adviser) 020 3903 7715
David Poutney/James Serjeant
Nicholas Chambers/Russell Cook
Walbrook PR Ltd Tel: 020 7933 8780 or Otaq@walbrookpr.com
Tom Cooper/Nick Rome 0797 122 1972 or 07748 325 236
About OTAQ
OTAQ is a highly innovative marine technology company focused on
the marine aquaculture, offshore energy, renewables and
oceanographic research sectors. It operates 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, Sealfence, designed to
protect marine-based aquaculture sites from predation, with
multiple systems deployed in Scotland, Chile and Finland.
The Company's Oceansense leak detection systems have a global
reputation as the industry standard solution and have been deployed
successfully on hundreds of jobs. OTAQ's 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 and manufacture
of underwater connectors, penetrators and 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. Concurrently, OTAQ seeks to expand its technology portfolio
through acquisitive growth, with the aim of further expanding its
aquaculture and offshore product offering.
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.
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ISIN: GB00BK6JQ137
Category Code: MSCL
TIDM: OTAQ
LEI Code: 213800CZGMYB5XTUXJ52
Sequence No.: 189356
EQS News ID: 1446453
End of Announcement EQS News Service
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(END) Dow Jones Newswires
September 20, 2022 06:59 ET (10:59 GMT)
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