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Pin to quick picksOcean Harvest T Regulatory News (OHT)

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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
26th Jan 20062:21 pmRNSDirectorate Change
18th Jan 20064:24 pmRNSRe Contract
11th Jan 20068:00 amRNSContract with CANAL+
3rd Jan 20061:32 pmRNSRe Agreement
9th Dec 20057:10 amRNSDirectorate Change
24th Nov 20051:00 pmRNS3rd Quarter Results
31st Oct 20059:48 amRNSRe Contract
30th Aug 20051:00 pmRNSInterim Results
28th Jul 20058:00 amRNSRe Contract
21st Jul 20055:03 pmRNSHolding(s) in Company
20th Jul 20058:00 amRNSAgreement with Eredivisie
12th Jul 20058:00 amRNSFurther Contract Win
8th Jul 20053:50 pmRNSAppointment
7th Jul 20058:00 amRNSRe Alliance
27th Jun 200511:00 amRNSTV Globo extends agreement
16th Jun 20057:00 amRNSAgreement
7th Jun 200510:32 amRNSDirector Shareholding
25th May 200511:00 amRNS1st Quarter Results
28th Apr 200511:10 amRNSIssue of Equity
31st Mar 20057:00 amRNSAnnual Report and Accounts
22nd Mar 20059:00 amRNSRe Contract
11th Mar 20057:00 amRNSDirector Shareholding
3rd Mar 20057:00 amRNSFinal Results
28th Jan 20057:00 amRNSRe Contract
25th Jan 200510:00 amRNSRe Contract

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