BAKKAFROST – COMPULSORY ACQUISITION OF REMAINING SHARES IN THE SCOTTISH SALMON COMPANY PLC
P/F Bakkafrost ("Bakkafrost") has today initiated a compulsory acquisition of the shares in The Scottish Salmon Company PLC ("SSC") not already owned by Bakkafrost. These shares represent approx. 4.5% of the total number of shares in issue in SSC. The shareholders will be offered a compensation of NOK 28.25 per share in the compulsory acquisition. This is the same amount as the price paid by Bakkafrost for the shares in SSC acquired through Bakkafrost's mandatory offer which closed in December last year. The total compensation due from Bakkafrost to the shareholders whose shares are