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Update, Directorate change, NOMAD resignation

16 Jun 2025 07:00

RNS Number : 8715M
Ocean Harvest Technology Group PLC
16 June 2025
 

 

 

Ocean Harvest Technology Group plc

 

("OHT" or the "Company")

 Update, Directorate change, NOMAD resignation

 

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 further to the announcement of 21 May 2025, the Noteholders, are now exploring a disposal of the trading subsidiary or parts of the business as appropriate. At present there are a few interested parties who have registered an interest at looking at OHT with the Security Agent.

The Company also announces that Chris Scott, CFO, has tendered his resignation and has left the board with immediate effect.

In the absence of additional funds being made available to Ocean Harvest Technology Group plc the Board is in dialogue with the Security Agent to release some funds to enable them to enter an insolvency process in the coming days.

As a consequence of the above, Cavendish Capital Markets Limited has resigned as Nominated Adviser with immediate effect. The Board does not anticipate appointing a new Nominated Adviser at this time.

Pursuant to Rule 1 of the AIM Rules for Companies, if a replacement Nominated Adviser is not appointed within one month of today's date, the admission of the Company's shares to trading on AIM will be cancelled

 

Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Company's announcement on 21 May 2025, unless the context requires otherwise.

For more information please contact:

Ocean Harvest Technology Group plc

Tel: +44 (0) 1737 735018

 

Ashley Head, Executive Chairman

 

 

 

 

 

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.

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BOAFLFFDRLIVLIE
Date   Source Headline
17th Jul 20257:00 amRNSCancellation - Ocean Harvest Technology Group Plc
16th Jul 20256:00 pmRNSOcean Harvest Technology Group
16th Jun 20257:00 amRNSUpdate, Directorate change, NOMAD resignation
2nd Jun 202511:03 amRNSDirectorate Change
22nd May 202510:08 amRNSDirectorate Change
21st May 20257:30 amRNSSuspension - Ocean Harvest Technology Group Plc
21st May 20257:00 amRNSSuspension of Shares
9th May 20257:00 amRNSFunding update
7th May 20257:00 amRNSStrategic and funding update
10th Apr 20257:00 amRNSStrong growth in Q1 and minimal US Tariff Exposure
27th Jan 20257:00 amRNSTrading Update
17th Oct 20244:38 pmRNSResult of General Meeting
30th Sep 20247:01 amRNSSecured Loan Notes & Warrants and Notice of GM
30th Sep 20247:00 amRNSInterim Results
27th Sep 20247:00 amRNSNotice of Results and Results Presentation
4th Sep 20247:00 amRNSDirectorate Change
8th Aug 20247:00 amRNSPositive Data on Sow Trial
24th Jul 20247:00 amRNSDirector/PDMR Shareholding
23rd Jul 20247:00 amRNSTrading Update
30th May 20247:00 amRNSBoard Appointments
25th Apr 20243:54 pmRNSResult of AGM
17th Apr 20247:00 amRNSGrant of Options
26th Mar 20247:00 amRNSDirector/PDMR Shareholding
25th Mar 20247:00 amRNSFinal Results and Notice of AGM
14th Mar 20247:00 amRNSNotice of Results and Investor Presentation
8th Mar 20247:00 amRNSChange of Registered Office
27th Feb 20247:00 amRNSGrant of Patent
26th Jan 20247:00 amRNSNotification of upcoming investor presentation
24th Jan 20247:00 amRNSDirector/PDMR Shareholding
23rd Jan 20247:00 amRNSTrading Update, Board Changes and New Hires
27th Nov 20234:39 pmRNSDirector/PDMR Shareholding
22nd Nov 20237:00 amRNSAppointment of CFO
2nd Nov 20237:00 amRNSStrong Performance of OceanFeed in poultry trial
31st Oct 20239:58 amRNSInvestor Presentation via Investor Meet Company
22nd Sep 20234:55 pmRNSDirector/PDMR Shareholding
19th Sep 20234:12 pmRNSDirector/PDMR Shareholding
12th Sep 20234:54 pmRNSDirector/PDMR Shareholding
12th Sep 20237:00 amRNSInterim Results
6th Sep 20237:00 amRNSNotice of Results and Results Presentation
17th Jul 20235:08 pmRNSDirector/PDMR Shareholding
17th Jul 20237:00 amRNSTrading Update and Notice of Results
7th Jul 20237:00 amRNSDirector/PDMR Dealing
29th Jun 20232:31 pmRNSDirector/PDMR Shareholding
26th Jun 20231:33 pmRNSDirector/PDMR Shareholding
23rd Jun 20234:14 pmRNSResult of AGM
19th Jun 20237:00 amRNSTrial Updates
5th Jun 20232:17 pmRNSDirector/PDMR Shareholding
1st Jun 20237:00 amRNSNotice of AGM
26th May 202312:01 pmRNSDirector/PDMR Shareholding
25th May 20237:00 amRNSBoard Change and Posting of Annual Results

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