Change of Auditor (1519401)
22 Dezembro 2022 - 4:00AM
UK Regulatory
OTAQ Plc (OTAQ) Change of Auditor 22-Dec-2022 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside
information in accordance with the Market Abuse Regulation (MAR),
transmitted by EQS Group. The issuer is solely responsible for the
content of this announcement.
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OTAQ plc
("OTAQ", the "Company" or the "Group")
Change of Auditor
OTAQ, the innovative technology company targeting the
aquaculture, geotracking and offshore markets, announces that
following a competitive and comprehensive tender process, Azets UK
LLP ("Azets") has been appointed as the Group's auditor for the
period ending 31 December 2022.
Following the tender process and the decision to appoint Azets,
RSM UK LLP ("RSM") has resigned. The Board wishes to take this
opportunity to extend its appreciation to RSM for services rendered
to the Group.
As required by section 519 of the Companies Act 2006, RSM have
confirmed to the Company that there are no circumstances in
connection with its resignation as auditor that should be brought
to the attention of the Company's shareholders.
Enquiries
OTAQ plc +44 (0)1524 748028
Phil Newby, Chief Executive Officer
Matt Enright, Chief Financial Officer
Dowgate Capital Limited - AQSE Corporate Adviser & Broker +44 (0)20 3903 7715
David Poutney / James Serjeant
Russell Cook / Nicholas Chambers
Walbrook PR Limited - PR +44 (0)20 7933 8780 or OTAQ@walbrookpr.com
Tom Cooper / Nick Rome 07971221972 or 07748325236
About OTAQ
OTAQ is a highly innovative technology company targeting the
aquaculture, geotracking and offshore markets. It already has a
number of established products in its portfolio and is focused on
further developing its presence, customer base and cross selling
opportunities within core markets both organically and via
acquisition.
OTAQ's aquaculture products, which include a sonar device
(developed for Minnowtech LLC) to scan shrimp in ponds and water
quality monitoring, are focused on maximising welfare and
production yields. Additionally, the Company is developing a
potentially game changing live plankton analysis product for
finfish and shellfish farmers. It also continues to target
opportunities in the acoustic deterrent devices market via its
Sealfence product, which is used by salmon farmers, with global
opportunities in Chile, Australia, Canada and Norway.
The Company is also developing high accuracy location trackers
for specialist applications. Having already added clients within
safety and multiple participant sport/racing applications, the
Company is investigating wider market potential - including
opportunities in the seafood industry.
OTAQ's offshore product range includes OceanSense subsea leak
detection, Eagle IP camera systems, Lander seabed survey devices
and Subsea electrical connectors and penetrators. It is targeting a
number of growth opportunities in new territories and has a strong
client base including Expro, Amphenol and National Oilwell Varco.
The Company is also focused on the development of new products
through this division, with the aim of increased cross-deployment
of skills and technologies into the aquaculture arena.
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ISIN: GB00BK6JQ137
Category Code: MSCM
TIDM: OTAQ
LEI Code: 213800CZGMYB5XTUXJ52
Sequence No.: 210457
EQS News ID: 1519401
End of Announcement EQS News Service
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(END) Dow Jones Newswires
December 22, 2022 02:00 ET (07:00 GMT)
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