DJ Result of AGM
OTAQ Plc (OTAQ) Result of AGM 24-Sep-2021 / 16:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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OTAQ PLC
("OTAQ", or the "Company")
Result of Annual General Meeting
OTAQ (LSE: OTAQ), the marine technology products and solutions group for the global aquaculture and offshore oil and gas industries, announces that at the Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed on a show of hands. Resolutions 1-11 were passed as ordinary resolutions and resolutions 12-13 were passed as special resolutions. The proxy votes received from shareholders on each resolution are set out below.
For For Against
Total number Votes cast (% of Votes
Resolution (incl. (% of Against (% of of votes issued share Withheld
discretionary) votes votes cast capital)
cast) cast)
Directors' Report and
1 Company's Annual 986,015 100% Nil Nil 986,015 3.14% Nil
Accounts
2 Directors' Remuneration 986,015 100% Nil Nil 986,015 3.14% Nil
Report
3 Re-elect Mr Enright 986,015 100% Nil Nil 986,015 3.14% Nil
4 Re-elect Mr Newby 986,015 100% Nil Nil 986,015 3.14% Nil
5 Re-elect Mr Watt 986,015 100% Nil Nil 986,015 3.14% Nil
6 Re-elect Ms Gills 986,015 100% Nil Nil 986,015 3.14% Nil
7 Re-elect Mr Hambro 986,015 100% Nil Nil 986,015 3.14% Nil
8 Elect Mr Pye 986,015 100% Nil Nil 986,015 3.14% Nil
9 Re-appoint the 986,015 100% Nil Nil 986,015 3.14% Nil
Company's auditor
10 Directors' Remuneration 986,015 100% Nil Nil 986,015 3.14% Nil
of the auditors
11 Allotment of securities 986,015 100% Nil Nil 986,015 3.14% Nil
12 General disapplication 986,015 100% Nil Nil 986,015 3.14% Nil
of pre-emption rights
13 Specific disapplication 986,015 100% Nil Nil 986,015 3.14% Nil
of pre-emption rights
Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' and 'against' a resolution or the total number of votes cast.
Copies of the resolutions required to be made available for inspection in accordance with LR 9.6.2 have been submitted today to the Financial Conduct Authority and will shortly be available for inspection on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Contacts:
OTAQ PLC Via Walbrook Alex Hambro, Non-Executive Chairman Phil Newby, Chief Executive Officer Matt Enright, Chief Financial Officer Dowgate Capital Ltd (Broker & Adviser) 020 3903 7715 David Poutney / James Serjeant Nicholas Chambers Walbrook PR Ltd Tel: 020 7933 8780 or Otaq@walbrookpr.com Tom Cooper/Nick Rome/Nicholas Johnson 0797 122 1972 or 07748 325 236 or 07884 664 686
About OTAQ
OTAQ is a highly innovative marine technology company focused on the marine aquaculture, offshore energy, renewables and oceanographic research sectors. It operates in four worldwide locations: Lancaster, Aberdeen and Ulverston in the UK and Puerto Montt in Chile.
OTAQ's marine technology portfolio includes a market-leading intelligent acoustic deterrent system, Sealfence, designed to protect marine-based aquaculture sites from predation, with multiple systems deployed in Scotland, Chile, Finland and Russia.
The Company's Oceansense leak detection systems have a global reputation as the industry standard solution and have been deployed successfully on hundreds of jobs. OTAQ's Dragonfish laser measurement system is fast becoming recognised as one of the most accurate underwater precision laser measurement systems available. OTAQ also has significant experience in the design and manufacture of underwater connectors, penetrators and communication systems.
It seeks to develop and continuously improve its products using its specialist mechanical, electronic and software engineers with decades of experience in bringing underwater technology products to market. Concurrently, OTAQ seeks to expand its technology portfolio through acquisitive growth, with the aim of further expanding its aquaculture and offshore product offering.
OTAQ is proud to be fully ISO 9001:2015 accredited through DNV-GL. ISO 9001 is an internationally recognised quality management system and demonstrates OTAQ's commitment to consistency, continual improvement and customer satisfaction. The certification also demonstrates its ability to consistently deliver products and services to market whilst meeting statutory and regulatory requirements by applying an effective quality management system.
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ISIN: GB00BK6JQ137 Category Code: RAG TIDM: OTAQ LEI Code: 213800CZGMYB5XTUXJ52 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 122949 EQS News ID: 1235918 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
September 24, 2021 11:00 ET (15:00 GMT)
