Ocean Harvest Technology

finnCap Capital Markets has successfully raised £6 million for Ocean Harvest Technology’s AIM IPO, with shares admitted to trading on AIM earlier today.

As one of the leading producers of seaweed blend ingredients for the animal feed market, Ocean Harvest Technology’s unique products provide significant benefits to animal gut health, mortality, yield and sustainability.

The net proceeds of the Placing will be used by the Group to conduct effective marketing and grow further the Company’s global sales team, build out further the Company’s supply chain, including additional manufacturing capacity, conduct further R&D to continue to innovate and develop its products, expand production capacity at the Group’s facility in Vietnam, and provide general working capital. It will also provide access to capital should additional financing be required in the future to further expand the business.

£6m AIM IPO