Måsøval AS

Correction: Correction: MÅSØVAL AS: MANDATORY NOTIFICATION OF TRADE

25.11.2021 11:56:53 CET | Måsøval AS | Mandatory notification of trade primary insiders

Frøya, 24 November 2021: Reference is made to the announcement by Måsøval AS ("Måsøval" or the "Company") (Euronext Growth Oslo Ticker: MAS), where it announced the successful completion of a private placement of 9,828,010 new shares in the Company (the "New Shares") at a price of NOK 40.7 per New Share at the date hereof (the "Private Placement").

Måsøval Eiendom AS ("Måsøval Eiendom"), a close associate of the chairperson Lars Måsøval, has entered into a share lending agreement with the managers retained for the Private Placement (the "Managers") and the Company, whereby Måsøval Eiendom will lend 9,828,010 shares in the Company to the Managers in order to facilitate delivery of listed shares to investors who were allocated shares in the Private Placement. The borrowed shares will be redelivered to Måsøval Eiendom upon registration of the share capital increase pertaining to the New Shares in the Norwegian Register of Business Enterprises and issuance of the New Shares in Euronext VPS.   

The following primary insiders of the Company and close associates of primary insiders have today been allocated shares in the Private Placement:

  • Måsøval Eiendom was allocated 2,885,000 shares at a price of NOK 40.7 per share. 
  • Konstanse Holding AS, a close associate of the chairperson Lars Måsøval, was allocated 49,140 shares at a price of NOK 40.7 per share.
  • AR-INVEST, a close associate of the CEO Asle Rønning, was allocated 12,285 shares at a price of NOK 40.7.
  • Andreas Skagøy, the head of fish health, was allocated 1,228 shares at a price of NOK 40.7
  • Gunnar Aftret, the CFO, was allocated 1,228 shares at a price of NOK 40.7.
  • Ola Loe, a board member, was allocated 6,150 shares at a price of NOK 40.7.

For additional information, please contact:

Asle Rønning (CEO), +47 918 09 043

Asle.ronning@masoval.no

 

Gunnar Aftret, CFO,

+47 913 77 389,

gunnar@masoval.no

 

Måsøval in brief:

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.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

Gunnar Aftret

CFO

gunnar@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.

Attachments

Original release

Correction: MÅSØVAL AS: MANDATORY NOTIFICATION OF TRADE

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