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Aqua Bounty completes IPO of £74 million of Common Stock on AIM and Regulation S offering

March 2006

Clients Aqua Bounty Technologies, Inc.

On behalf of Aqua Bounty Technologies, Inc., Jones Day advised client in £74 million of Common Shares in an initial public offering on AIM and concurrent Regulation S offering, underwritten by Nomura Code Securities Limited. At the time of listing the market capitalization was £20 million.

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