11.3.2021 19:00:00 CET | Andfjord Salmon | Mandatory notification of trade primary insiders
11 March 2021: In connection with an offer to the Company's employees, the board of directors of Andfjord Salmon AS (the "Company") has resolved to issue 82,500 new shares in the Company. The subscription price per share is NOK 37.00. The shares will be subject to a three year lock-up and certain other restrictions.
Following registration of the share capital increase pertaining to the new shares with the Norwegian Register of Business Enterprises, the Company’s new share capital will be NOK 35,873,500 divided on 35,873,500 shares, each with nominal value NOK 1.
Of the shares, Bjarne Martinsen (CFO) has subscribed for, and will hold, 40,000 shares and Helge Krøgenes (CCO) has subscribed for 20,063 shares and will hold 1 408 479 shares.
Contact
Bjarne Martinsen, CFO, Andfjord Salmon AS, +47 975 08 345, bjarne.martinsen@andfjord.no
Disclaimer
This information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act.
Contacts
Bjarne Martinsen, CFO, Andfjord Salmon AS, +4797508345, bjarne.martinsen@andfjord.no
About Andfjord Salmon
About Andfjord Salmon AS
Andfjord Salmon has developed an innovative and sustainable aquaculture concept for shore-based farming of Atlantic salmon. The company’s ambition is to build the world’s most sustainable aquaculture facility of its kind. The facility is escape-proof, lice-free and its highly filtered effluent avoids polluting marine life.
Located at Kvalnes on the island of Andøya on the Arctic Archipelago of Vesterålen, Norway, the company’s first facility is currently under construction. The company holds a license to produce 12 600 tonnes (HOG) for land-based farming of Atlantic salmon and has secured rights to land for a planned expansion of an additional 77,400 tonnes (HOG) production capacity. Further expansion is subject to the zoning of the land and granting of licenses.
Andfjord Salmon AS is listed on Euronext Growth under the ticker ANDF. www.andfjordsalmon.com
The information in this announcement is subject to disclosure requirements under the EU Market Abuse Regulation and Euronext Growth listing rules. The information was submitted for publication by the contact person set out above.
