28.9.2021 13:37:08 CEST | Aqua Bio Technology ASA | Inside information

Aqua Bio Technology ASA (ABT) has entered into an exclusive 3 year distribution
agreement with Sitil Bohemia, s.r.o. - https://www.sitilbohemia.cz/ for Czech
Republic and Slovakia. Sitil Bohemia, s.r.o. is a medium-sized distributor
representing several international brands. They have both online and traditional
retail sales. Sitil Bohemia, s.r.o. has long and successful track record within
distribution and Skincare.

Moana Skincare currently consists of a portfolio of 19 skincare products, most
of which are based on potent extracts from plants found in New Zealand's
unspoiled nature and have been used in traditional medicine by the country's
indigenous people, the Maori, for centuries. The cornerstone of Moana Skincare's
skincare products is a certified organic red seaweed found in the waters around
New Zealand.

Sitil Bohemia s.r.o. is based in Czech Republic with head office in Prague. The
company was incorporated in 2001 and is a distributor that is strictly focused
on Modern Trade stores that deal with all international retailers such as dm
drugstore market, Rossmann, Globus, Tesco Stores, etc (a total of about 1500
doors) that operate in Czech and Slovak markets. Cosmetics represents the main
portfolio of the business activities. Moana Skincare will initially be
distributed via the online shop - https://www.klidnesiuzivam.cz/ (
www.klidnesiuzivam.cz - http://www.klidnesiuzivam.cz) supported by inhouse
social media team on Facebook and Instagram.

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For further information, please contact CEO Håvard Lindstrøm mobile phone +47
941 32 288.

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skincare products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skincare products developed by partners towards consumers and
professional users. ABT's focus on commercialization and development of natural
ingredients and natural skincare products has been, and will continue to be, an
important part of the Company's strategy going forward. Aqua Bio Technology is
listed on the Euronext Expand market of the Oslo Stock Exchange.

 

DISCLOSURE REGULATION

This information is subject of the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Håvard Lindstrøm, 004794132288, hl@aquabiotech.no 

ABOUT AQUA BIO TECHNOLOGY ASA

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/867/1123/Download%20announcement%
20as%20PDF.pdf