COD – RAISE OF LOAN FROM SHAREHOLDER
Codfarmers ASA has today entered into loan agreement with AS Banan for unsecured loan of NOK 6 million. The loan shall accrue interest with NIBOR 6 months + 7% p.a. and fall due for repayment on 31 December 2012.
The loan will cover a liquidity need which is a result of a 4 weeks shift in the harvesting plan in connection with the transition to a new harvesting facility.
For further information, please contact:
Marianne E. Johnsen, Chair of the Board of Directors of Codfarmers, telephone +47 93 66 30 00
Harald Dahl, CEO of Codfarmers, telephone +47 90 11 92 82
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.