REG - Ocean Harvest Tech. - Board Change and Posting of Annual Results

Ocean Harvest TechnologyAnnouncement

25/05/2023 07:00

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RNS Number : 5653A  Ocean Harvest Technology Group PLC  25 May 2023

Ocean Harvest Technology Group plc

 

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

 

Board Change and Posting of Annual Results

 

Ocean Harvest Technology Group plc, a leading global producer of animal feed
additives from multispecies seaweed blends, announces that Adrian Crockett,
CFO, intends to leave the Company on 9 June to pursue other opportunities.

OHT has appointed Andy Cox as interim CFO in a non-Board capacity for a period
of nine months, during which it will conduct a search for a permanent
replacement.  Andy has significant experience in acting as an interim CFO,
including for a number of companies in the feed and food sector such as AB
Vista, Premier Nutrition, British Pepper and Spice and East End Foods. The
Company looks forward to Andy's contribution to OHT over his contract period
and thanks Adrian for all his efforts on OHT's development, particularly the
recent IPO process.   Adrian will work with Andy to ensure an orderly
handover prior to his departure.

The Company continues to trade in line with management's expectations and
remains on track to deliver substantial growth in 2023.   OHT will provide a
trading update in July, post the interim period end.

OHT also announces that printed copies of the Annual Report and Accounts for
the year ended 31 December 2022 will shortly be posted to shareholders and a
digital copy is available for download from the OHT plc website at
www.oceanharvesttechnology.com (http://www.oceanharvesttechnology.com) .

 

Mark Williams, CEO, Ocean Harvest Technology, commented: "We are continuing to
focus on building our customer base and growing the business.  We thank
Adrian for all his assistance in OHT's development, in particular his help
with our IPO and wish him the very best for the future.  We are pleased to
have secured Andy's experience whilst we look for a permanent CFO.   We look
forward to updating the market with our continued progress in due course."

 

For more information please contact:

 Ocean Harvest Technology Group plc                                  Tel: +44 (0)118 228 7612

 Mark Williams, CEO

 finnCap Ltd (Nominated Adviser and Sole Broker)                     Tel: +44 020 7220 0500
 Geoff Nash / Seamus Fricker / George Dollemore (Corporate Finance)

 Charlotte Sutcliffe / Harriet Ward (ECM)

 Camarco (Financial PR Adviser)                                      Tel: +44 (0) 203 757 4991
                                                                     oht@camarco.co.uk (mailto:oht@camarco.co.uk)

 Tom Huddart / Rosie Driscoll / Letaba Rimell

 

 

 

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
(http://www.oceanharvesttechnology.com) .

 

 

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