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Aqua Bounty Tech Inc - Movement of AquaBounty Shares Between Lines of Stock

November 18, 2015 at 7:28 AM EST

Movement of AquaBounty Shares between Lines of Stock

AquaBounty Technologies, Inc. (AIM: ABTX, ABTU), a biotechnology company focused onenhancing productivity in the aquaculture market, announces that, on 20 November 2015, the remainingCommon Shares held on the restricted line of Common Shares (ISIN: USU0387J1089 TIDM: ABTX)will be moved to the unrestricted line of Common Shares (ISIN: US03842K1016 TIDM: ABTU) andthe ABTX line will be closed.

As announced in November 2014, the Company set up the ABTU line with a depositary interest facilityto enable shareholders with ABTU shares to settle transactions in dematerialised form. The movementof the balance of the Company's shares to the ABTU line is being undertaken to enable all AquaBountyshares to be tradeable in dematerialised form in order to meet the requirements of the EU Regulationon Central Securities Depositories (CSDR), published on 28 August 2014. This regulation requiresthat, where transactions in transferable securities take place on a trading venue, such as AIM, therelevant securities should be recorded in book entry form in a Central Securities Depository (CSD),such as CREST, and applies to all transactions executed under the Rules of the London Stock Exchangeirrespective of whether or not the securities are issued by an EU-incorporated issuer.

Following the movement of 148,723,418 Common Shares currently on the ABTX line, this line will beclosed. Movement of the ABTX shares will be automatic, and shareholders will not be required to takeany steps to effect this. No new certificates will be issued. However, shareholders holding CommonShares in certificated form wishing to trade will be required to dematerialise their shares. The processfor this is set out on the Investors section of the Company's website (www.aquabounty.com).

Further to this transfer, the balances of each line will be as follows:

Line ISIN Balance of Shares
ABTX $0.001 (Restricted) USU0387J1089 -
ABTU $0.001 (Unrestricted) US03842K1016 157,425,309
Total shares in issue - 157,425,309

For further information, please contact:

AquaBounty Technologies
David Frank, Chief Financial Officer
+1 978 648 6048

Stifel Nicolaus Europe Limited
Stewart Wallace
+44 (0)20 7710 7600

Luther Pendragon
Harry Chathli, Claire Norbury
+44 (0)20 7618 9100