Norway Royal Salmon (NRS): Enters into a Share Purchase Agreement to divest its 36.1 % stake in Måsøval Fishfarm AS
Norway Royal Salmon is pleased to announce an agreement to sell its 36.1 % stake in the associated company Måsøval Fishfarm AS to Måsøval Fiskeoppdrett AS, which previously owned the other shares. Estimated consideration for the shares is MNOK 143. In addition, NRS will receive MNOK 30 in dividends for 2020. Completion of the transaction is based on the balance sheet as of 31 March 2021 and that the terms of sale in the share purchase agreement are met. For more information, please contact: CEO Charles Høstlund, +47 994 18 449 CFO Ola Loe, +47 911 79 411 About Norway Royal