Salmon Evolution ASA: Mandatory notification of trade

Stock exchange notice

19 April 2023: Reference is made to the stock exchange notice by Salmon Evolution ASA (the “Company”) on 19 April 2023 regarding the successfully placed private placement of 68,181,818 new shares in the Company with a subscription price of NOK 7.7 per share (the “Private Placement”).

The following primary insiders (PDMRs) in the Company and close associates of PDMRs were allocated shares in the Private Placement as follows:

  • Anne Breiby, board member of the Company, was allocated 64,935 shares in the Private Placement;
  • Anno Invest AS, a company closely associated with Odd Frode Roaldsnes, CCO of the Company, was allocated 250,000 shares in the Private Placement;
  • Ocean Industries AS, a company closely associated with Glen Allan Bradley, board member of the Company, was allocated 25,974 shares in the Private Placement;
  • Ronja Capital II AS, a company closely associated with Tore Tønseth, Chairperson of the board of the Company, was allocated 2,597,403 shares in the Private Placement; and
  • Trollkyrkja AS, a company closely associated with Trond Vadset Veibust, CFO of the Company, was allocated 32,468 shares in the Private Placement.

In addition, Ronja Capital II AS has lent out 16,318,598 of its existing shares under a share lending agreement with DNB Markets, a part of DNB Bank ASA (on behalf of the Managers for the Private Placement) and the Company to facilitate DVP settlement of tranche 2 in the Private Placement.

PDMR notifications pursuant to the Market Abuse Regulation article 19 are attached.