Norway Royal Salmon ASA (NRS): Dividend information

Report this content

Reference is made to announcement of 8 May 2020 regarding notice to Annual General Meeting in Norway Royal Salmon ASA (the "Company") 4 June 2020 (date of approval).

In accordance with the notice, the board of directors in the Company proposes a distribution of dividends for 2019 of NOK 5.00 per share, by the way of a cash distribution of NOK 2.50 per share and distribution of shares in the Company from the Company's treasury shares. Based on the shares' volume weighted average price on the Oslo Stock Exchange over the five trading days from 25 to 29 May 2020, the board of directors proposes that the aggregate number of shares for distribution is set to 449 484. For each share owned in the Company per 4 June 2020 (last day included) as recorded in the shareholder register in VPS 8 June 2020 (record date), the shareholders will receive 0.0105 shares in the Company, so that for each 94.8511 shares owned in the Company the shareholder will receive one share in the Company. The number of shares that each VPS registered shareholder will receive, will be rounded up to the nearest number of whole shares.

Subject to the resolution being passed by the Annual General Meeting, the shares will be traded exclusive the right to dividends from and including 5 June 2020 (ex-date). The dividends will be paid and the shares will be transferred on or around 15 June 2020 (payment date).

For further information, please contact:

Ola Loe, CFO: + 47 911 79 411

About Norway Royal Salmon:

The Norway Royal Salmon (NRS) group owns 35 035 tonnes MAB located in Troms and Finnmark. In addition, the group has minority interest in three associated Norwegian fish farming companies which together own 11 fish farming licenses, as well as Arctic Fish on Iceland that has licenses for 11 000 tonnes. NRS is an attractively positioned fish farming group, which offers salmon to the market through its own sales organisation. For further details, please visit www.norwayroyalsalmon.com.


Subscribe