Appointment to the Board

Ocean Harvest Technology Group PLC

26 April 2023

 

26 April 2023

Ocean Harvest Technology Group plc

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

Board Appointment

Ocean Harvest Technology Group plc, a leading global producer of animal feed additives from multispecies seaweed blends, is pleased to announce the appointment of Stephen Walker to the Board as Non-Executive Director. Stephen joins the Board as a representative of Terance Butler Holdings Limited.  

Terance Butler Holdings Limited has been a substantial shareholder in OHT since 2015, supporting the Company through its research and development programme up to IPO in April 2023. Terance Butler Holdings Limited remains a long-term shareholder in OHT enabling the Group to continue to strengthen its global sales team, build out its supply chain and enhance its existing customer offering in the fast growing markets the Group operates in.

Stephen has extensive experience within the investment management and private-client facing environment. In his most recent roles Stephen was head of equities research and market strategy at Ashcourt Rowan Asset Management, a private client investment management firm, until 2015. Stephen subsequently joined Terance Butler Holdings Limited, a privately owned property development and investment company, as director of investment and economic strategy. He completed a Bachelor's Degree in Economics, Master's degree in Finance and Investment and is also both a CFA and CAIA Charterholder. 

Mark Williams, CEO, Ocean Harvest Technology, commented:

"I am delighted to welcome Stephen to the OHT Board. He brings a wealth of experience that will bring new perspectives and capabilities to the Board, as we deliver on our growth strategy for the benefit of all shareholders."

For further information, please contact:

Ocean Harvest Technology Group plc	Tel: [phone]
Mark Williams, CEO Adrian Crockett, CFO
finnCap 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 ingredients focused on improving animal performance whilst protecting the environment, through its unique and proven intellectual property portfolio. The Company's products are produced in its facility in Vietnam from seaweeds soured from multiple markets 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 Stephen John Walker, aged 44:

Current Directorships

Terance Butler Wealth Ltd

Directorships within the past five years

Jiminny Holdings Ltd

Stephen has a beneficial interest in 40,000 ordinary shares of the Company, representing approximately 0.03 per cent. of the Company's issued share capital.

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 Stephen Walker.

 

END