Ocean Harvest Tech. - Suspension of Shares

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EU (WITHDRAWAL) ACT 2018 ("MAR"). THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Ocean Harvest Technology Group plc

("OHT" or the "Company")

 Suspension of shares

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, gives an update further to the announcement of 9 May 2025 (the "Previous Announcement").

As described in the Previous Announcement, funding for the Company has most recently been provided through the issue of secured loan notes (the "Loan Notes") to certain shareholders (the "Noteholders").

The Company has received notice from Terence Butler Holdings Limited, as agent for the Noteholders, stating that an event of default has occurred under the terms of the Loan Notes, making a demand for the immediate redemption of all of the outstanding Loan Notes at the principal amount together with interest and notifying that the agent, as security trustee for the Noteholders, is enforcing rights granted to it pursuant to the security documents entered into in conjunction with the Loan Notes (including the right to stop withdrawals from bank accounts without its consent and to take ownership of the Group's operating subsidiaries).

The board of directors of the Company is urgently considering the impact of this and, in view of the fundamental uncertainty over the Company's financial position and prospects, has requested that trading in the Company's shares on AIM be suspended with effect from 7:30am today.

The Company will provide a further update in due course.

For more information please contact:

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.