Måsøval AS

Måsøval AS appeals in a case regarding compensation for misdiagnosis

5.2.2024 16:15:23 CET | Måsøval AS | Non-regulatory press releases

Reference is made to the press release on 3 May 2023, stating that Måsøval AS filed a lawsuit against the state, claiming compensation of NOK 29.8 million for the losses the company incurred after the farming site Kattholmen was misdiagnosed with PD SAV3 in August 2019. The case went to trial in November 2023. Further reference is made to announcement on 29 December 2023 stating that Måsøval had been awarded compensation from the state for the misdiagnosis.

The state appealed the verdict on 2 February 2024, and Måsøval submitted an independent appeal in the case today, 5 February 2024.

Contacts

Helge Kvalvik

CEO

Måsøval AS

helge.kvalvik@masoval.no

About Måsøval AS

Måsøval is an integrated producer of Atlantic salmon with more than 50 years of operational experience. Located in Central Norway in the region west of Trondheim, Måsøval has both significant farming operations at sea and inhouse smolt production. Through its majority ownership in the processing and distribution company Pure Norwegian Seafood AS, Måsøval is processing and exporting high quality Atlantic salmon to a global marketplace.

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