Salmon Evolution ASA: New share capital registered
24 June 2024: Reference is made to the stock exchange announcement on 18 June 2024 by Salmon Evolution ASA (“Salmon Evolution” or the “Company”) regarding the successful private placement as described therein (the “Private Placement”) and the resolution by the Board of Directors to issue 48,666,666 new shares (the “New Shares”) in the Company as described therein pursuant to an authorisation granted by the Company’s general meeting on 5 June 2024 (the “Board Authorisation”).
Further reference is made to the Company’s stock exchange announcement on 20 June 2024 regarding the registration of the majority of the share capital increase pertaining to the Private Placement. As described therein, 1,888,266 of the New Shares issued in accordance with the Board Authorisation were subject to an extended timeline (the “Extended Timeline Shares”) and were therefore not included in the share capital increase registered on 20 June 2024.
The share capital increase pertaining to the issuance of the Extended Timeline Shares, has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). Salmon Evolution’s share capital is now NOK 23,130,165.30 comprising of 462,603,306 shares, each with a nominal value of NOK 0.05.
For more information, please contact:
Trond Håkon Schaug-Pettersen, CEO: +47 911 91 327
Trond Vadset Veibust, CFO: +47 480 90 595
About Salmon Evolution
Salmon Evolution is the global leader within land-based salmon farming with a clear roadmap for 100,000 tonnes HOG annual production capacity. Pioneering the hybrid flow-through system (HFS), Salmon Evolution is Extending the Ocean Potential by creating optimal growth conditions in a controlled environment on land. This approach, capturing the benefits of both land-based and sea-based farming, puts biology first and limits operational and biological risk. Salmon Evolution is strategically located the heart of the global aquaculture industry on the west coast of Norway, where the Company has its first facility and global centre of excellence fully operational at industrial scale. Enabled by the proof of concept in Norway, Salmon Evolution targets significant international expansion.
Salmon Evolution ASA is listed on Oslo Børs under the ticker SALME.
To learn more, please visit www.salmonevolution.no.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.