TIDMBMK

RNS Number : 6288T

Benchmark Holdings PLC

26 March 2021

Information within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

Benchmark Holdings

("Benchmark" or the "Company")

BMK08+CleanTreat Ò Update

First customer agreements signed

Benchmark Holdings is pleased to announce that it has signed its first customer agreements for the delivery of its novel water purification system, CleanTreat Ò . The agreements secure customer access to one of Benchmark's CleanTreat Ò units which will be deployed in conjunction with the new sea lice treatment BMK08. The agreements remain subject to the regulatory process to obtain a Marketing Authorisation in Norway for BMK08.

BMK08 and CleanTreat Ò is a transformational solution addressing the biggest biological challenge in salmon farming. Benchmark's breakthrough solution is the result of almost a decade of research and development conducted by leading scientists and involving a rigorous trial programme as well as substantial capital investment.

CleanTreat is a closed water purification system which captures the medicine from the treatment water avoiding the discharge of medicines into the ocean. It has the potential to be used in conjunction with other medicines in aquaculture thus addressing an important environmental concern.

Trond Williksen, CEO, commented:

"I am very pleased to be signing our first customer agreements for Benchmark's transformational solution. Our solution addresses the biggest challenge facing the salmon industry today in a sustainable way both in terms of animal welfare as well as environmental impact.

BMK08 and CleanTreat are testament to Benchmark's commitment to its mission of driving sustainability in aquaculture."

Enquiries:

 
Benchmark Holdings plc                     Tel: 020 3696 0630 
Ivonne Cantu, Investor Relations Director 
Rachel Aninakwah, Communications 
 
Numis (Broker and NOMAD)                   Tel: 020 7260 1000 
James Black / Freddie Barnfield / Duncan 
 Monteith 
 
 
MHP 
Katie Hunt /Alistair de Kare-Silver        Tel: 020 3128 8742 
                                            benchmark@mhpc.com

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