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IN BRIEF: OTAQ Pens GBP2 Million Virus Interruption Loan

3rd Feb 2021 10:23

OTAQ PLC - Lancaster-based marine aquaculture technology - Signs GBP2 million UK Coronavirus Business Interruption Loan Scheme facility with Boost & Co. Loan has five-year term. "The board continues to monitor and explore its financing requirements, particularly to fund further acquisitions as the company focuses on broadening its product and service portfolio to a global client base. As part of this objective, the company has therefore fully drawn down on the GBP2 million CBILs loan," OTAQ adds.

Current stock price: 27.50 pence

Year-to-date change: unchanged

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.


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