SIP Purchase, PDMR, and Total Voting Rights Announced by OTAQ Plc

OTAQ Plc, a technology company serving the aquaculture and offshore markets, has announced the allotment of 39,742 ordinary shares as part of its Share Incentive Plan (SIP). This initiative, aimed at all employees, enables participants to purchase shares at the market price with pre-tax salary deductions. For each Partnership Share bought, employees receive one additional Matching Share at no cost.

On 17 July 2024, OTAQ notified about the allotment, benefiting senior management including CEO Philip Newby and CFO Justine Dowds. Newby acquired 3,846 Partnership Shares and received an equal number of Matching Shares, raising his holding to 1,499,118 shares (1.17%). Dowds acquired the same share amount, resulting in a total holding of 7,692 shares (0.01%).

The new shares are expected to be admitted to trading on the Aquis Stock Exchange on 19 July 2024. Following this, OTAQ's total voting shares will be 128,445,659. Shareholders should use this figure for any required notifications of interest changes.