Workflow
SalMar - Settlement of acquisition of shares in AS Knutshaugfisk – issue of new shares
SALMSalem(SALM) GlobeNewswire·2025-02-27 07:00

Group 1 - The company SalMar ASA has announced the acquisition of a controlling interest in AS Knutshaugfisk, with the transaction settlement involving both cash and the issuance of 716,652 new shares at a subscription price of NOK 559 per share [1] - The board of directors has approved the issuance of the Consideration Shares as part of the transaction settlement, following an authorization registered on 12 June 2024 [2] - After the issuance of the new shares, SalMar's share capital will increase to NOK 33,188,893, consisting of 132,755,572 shares with a par value of NOK 0.25 each [2] Group 2 - SalMar is recognized as one of the largest and most efficient salmon producers globally, with farming operations in Central Norway, Northern Norway, and Iceland, along with significant harvesting and secondary processing operations [3] - The company is also involved in offshore aquaculture through SalMar Aker Ocean and holds a 50% stake in Scottish Sea Farms Ltd [3]