BAKKAFROST – CLOSING OF THE ACQUISITION OF A MAJORITY OF THE SHARES IN THE SCOTTISH SALMON COMPANY
P/F Bakkafrost (the "Company") has, today, completed the acquisition of 133,125,109 shares in The Scottish Salmon Company ("SSC") from Northern Link Limited ("Northern Link"). As a consequence of this, the Company now owns 150,974,735 of the shares in SSC representing approx. 77,8% of all of the shares in issue in SSC. The purchase price paid to Northern Link was NOK 3,760,784,329.25. This represents a purchase price of NOK 28.25 per share in SSC. The additional shares in SSC acquired by the Company in the market during the last week have also been acquired at a price of NOK 28.25 per