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Chief Executive’s Report

 

 

AquaBounty Technologies Inc

(“AquaBounty” or “the Company”)

 

AquaBounty Technologies Inc (AIM:ABTX), a biotechnology company focused on enhancing productivity in the aquaculture market, today announces that it has issued 69,795 new common shares of 0.1 cent each (“new Common Shares”) pursuant to the exercise of various non-scheme options.

 

 

Optionholder

Options over new Common Shares

Exercise price

William Marcus (Director)

10,000

$1.00 per share

Elliot Entis, (CEO and Director)

25,000 (19,911 on cashless exercise)

$0.20 per share

Garth Fletcher (founder of the Company)

25,000 (19,911 on cashless exercise)

$0.20 per share

Joseph Hernon (CFO)

25,000 (19,973 on cashless exercise)

$0.20 per share

 

 

The issue of these new Common Shares is subject to admission to trading on AIM, application for which has been made. Trading in the new Common Shares, which will rank pari passu in all respects with the existing Common Shares, is expected to commence on 29 March 2007.

 

 

-          Ends –

 

 

For further information:

AquaBounty Technologies Inc                                                       Tel: +1 781 899-7755 

Elliot Entis, Chief Executive Director                                     

935 Main Street
Waltham

MA 02451

                                                                                                                       

 

 

Media enquiries:

Bell Pottinger Corporate and Financial
Dan De Belder / Amy Rajendran                                                        Tel: +44 (0)20 7861 3868

6th Floor Holborn Gate
330 High Holborn
London

WC1V 7QD

 

 

 

 

 

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