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Regulatory press release

Andfjord Salmon: New share capital registered

Andfjord Salmon Group

20.3.2025 11:47:54 CET | Andfjord Salmon | Additional regulated information required to be disclosed under the laws of a member state

Reference is made to the stock exchange announcement made by Andfjord Salmon Group AS (the "Company") on 27 February 2025 regarding the successful private placement of 17,142,858 new shares (the "New Shares") at a subscription price of NOK 35 per share, raising gross proceeds of approximately NOK 600 million. 

The share capital increase pertaining to the issuance of the New Shares has now been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 84,761,871 divided on 84,761,871 shares, each with a par value of NOK 1.

Contacts

  • Bjarne Martinsen, CFO, Andfjord Salmon Group AS, +47 975 08 345, bjarne.martinsen@andfjord.no

About Andfjord Salmon

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world's most sustainable and fish-friendly aquaculture facility of its kind. Through a proprietary flow-through system, Andfjord Salmon combines the best from ocean and land-based salmon farming. In its first production cycle, the company achieved an industry-leading survival rate of 97.5 percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and required 1 kWh to produce one kilo of salmon. For more information, see www.andfjordsalmon.com.

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