OTAQ Plc Announces SIP Purchase, PDMR Shareholding, and Total Voting Rights

OTAQ Plc, the technology company in the aquaculture and offshore markets, has announced the allocation of 43,999 ordinary shares under its Share Incentive Plan (SIP). The newly issued shares are designated for employees participating in the SIP, including key executives.

The SIP allows employees to acquire shares using pre-tax salary contributions, with each partnership share being matched by the company. Chief Executive Officer Philip Newby and Chief Financial Officer Justine Dowds each acquired 4,000 partnership shares, with an equal number of matching shares allocated to them.

Following this issue, OTAQ's total share capital stands at 128,525,039 ordinary shares with voting rights, effective from 23 September 2024.