Appointment of CFO

Ocean Harvest Technology Group PLC

22 November 2023

 

22 November 2023

Ocean Harvest Technology Group plc

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

Appointment of CFO

Ocean Harvest Technology Group Plc (AIM: OHT), a leading researcher and producer of natural and sustainable proprietary seaweed products for the global animal feed industry, announces the appointment of a Chief Financial Officer.

After a carefully considered and in-depth recruitment process, OHT is pleased to announce that it has appointed Christopher Scott as Chief Financial Officer of the Company, to be effective from 15 January 2024. Chris is a Chartered Certified Accountant and a CFA Charterholder. His appointment is an important step in OHT's journey to deliver high growth and strong governance for our shareholders.

He will join OHT from FrieslandCampina, a dairy co-operative and consumer food manufacturer, where he is currently the Finance Director for UK & Ireland. Prior to that he held various senior finance positions including at the leading multinational Kimberly-Clark UK.

Andy Cox will continue his role as Interim CFO until Chris joins. There will then be a short transition period to ensure a smooth handover and the efficient completion of the Company's 2023 audit and full year financial results.

Mark Williams, CEO of OHT, commented:

"We are delighted that Chris will be joining as CFO and Board Director in January.  We look forward to benefiting from Chris's extensive financial experience in manufacturing, sourcing and sales & marketing.  He also brings strong experience in statutory reporting, systems implementation and corporate governance. Together we will be focused on delivering our exciting high growth plan in an industry desperate for change and improvements."

Ends

For more information please contact:

Ocean Harvest Technology Group plc	Tel: [phone]
Mark Williams, CEO
Cavendish Capital Markets Ltd (Nominated Adviser and Sole Broker)	Tel: [phone]
Geoff Nash / Seamus Fricker / George Dollemore (Corporate Finance) Charlotte Sutcliffe / Harriet Ward (ECM)
Camarco (Financial PR Adviser)	Tel: [phone]
Tom Huddart / Rosie Driscoll / Letaba Rimell	[e-mail]

Notes to Editors

Ocean Harvest Technology Group plc is a global leader in the development and commercialisation of value adding products from multiple species of seaweed. The Company provides a range of natural seaweed ingredients focused on improving animal performance and the sustainability of the feed sector, through its unique and proven intellectual property portfolio. The Company's proprietary products are sold globally after over a decade of research into the prebiotic effect of the bioactive compounds in certain seaweed species which grow naturally across the world.

For more information, please visit www.oceanharvesttechnology.com.

Regulatory disclosures

The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Christopher Benedict Scott, aged 39:

Mr. Scott holds or has held the following directorships/partnerships in the past five years:

Current directorships/partnerships	Past directorships/partnerships
FrieslandCampina UK Ltd

Chris has no beneficial interest in ordinary shares of the Company.

The Company confirms that there are no other disclosures to be made pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies with respect to Chris Scott.

 

END