Press Release
On 31 August 2000 Orkla agreed to yield a convertible loan to Norway Seafoods Holding (NSH) of NOK 650 million. Orkla will receive approximately NOK 110 million in dividends from NSH.
The loan was given by the management on commercial terms and is also based on the 20.6% ownership stake that Orkla already has in NSH. The loan is booked as a financial holding in Orkla’s Financial Investments Area.