Ocean Harvest Technology Group PLC

Board/Management Information • Sep 4, 2024

National Storage Mechanism | Additional information

RNS Number : 7840C

Ocean Harvest Technology Group PLC

04 September 2024

Ocean Harvest Technology Group plc

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

Directorate Change

Ocean Harvest Technology Group plc (AIM: OHT), a leading researcher, developer and supplier of proprietary blended seaweed products as functional additives for the global animal feed industry, announces that Ashley Head has been appointed as Executive Chairman with immediate effect.  After two years as CEO, Mark Williams will be stepping down from the board today following his resignation.

The Company will look to strengthen the Board and Executive team in the coming weeks.

Ashley Head, Executive Chairman, said:

"Mark has been instrumental in managing the business through our IPO and building out the supply chain to allow the business to scale.   He has also addressed key challenges and put a new sales team in place - o n behalf of the entire Board, we wish him the best for the future."

For more information please contact:

Ocean Harvest Technology Group plc	Tel: +44 (0) 1737 735018
Ashley Head, Executive Chairman Chris Scott, CFO
Cavendish Capital Markets Ltd (Nominated Adviser and Sole Broker)	Tel: +44 020 7220 0500
Geoff Nash / Seamus Fricker / Trisyia Jamaludin (Corporate Finance) Tim Redfern / Harriet Ward (ECM)

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") EU no.596/2014. Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. 

Notes to Editors

Ocean Harvest Technology Group plc is a global leader in the development and commercialisation of value adding proprietary products from blending multiple species of seaweed. The Company provides a range of natural additives focused on improving animal performance and the sustainability of the feed chain, through its unique and proven proprietary seaweed blends. The Company sources its seaweed globally, utilising sustainable and socially responsible harvesting of largely wild blooming seaweed species.  Its products are produced in its facility in Vietnam and sold into the $40bn animal feed additive sector in multiple markets across the world.

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

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