Andfjord Salmon - Private placement successfully placed20.4.2026 23:33:49 CEST | Andfjord Salmon | Inside information
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Reference is made to the stock exchange announcement by Andfjord Salmon Group AS ("Andfjord Salmon" or the "Company") on 20 April 2026 regarding, inter alia, a contemplated private placement (the “Private Placement”) of new shares in the Company. The Company hereby announces that it has allocated 14,000,827 new shares (the “Offer Shares”) at a subscription price of NOK 27.50 per share (the “Offer Price”), raising gross proceeds of approximately NOK 385 million. The net proceeds from the Private Placement will be used for advancement of the Company’s construction at Kvalnes to reach production capacity of 17,000 tons (HOG + post-smolt) and for general corporate purposes.
