Salmon Evolution ASA: Mandatory notification of trade

Stock exchange notice

Reference is made to the stock exchange announcements by Salmon Evolution ASA (“Salmon Evolution” or the “Company“) published on 5 April 2022 regarding a mandatory notification of trade pertaining to share subscriptions and a share loan granted by primary insiders in the Company in relation to the successfully placed private placement of 33,333,333 new ordinary shares in the Company, raising gross proceeds of approximately NOK 300 million (the “Private Placement“). The Private Placement consists of one tranche of 22,574,374 shares (“Tranche 1“) and a second tranche of 10,758,959 shares (“Tranche 2“).

The shares allocated in Tranche 1 has been re-delivered to the share lenders. The number of shares actually lent from each of Stette Invest AS and Rofisk AS was 3,247,823 (and not 3,322,822 and 3,322,821, respectively as indicated in the previous mandatory notification of trade), all of which has been re-delivered.  16,078,728 shares have been redelivered to Ronja Invest II AS, with the balance remaining subject to the approval by the extraordinary general meeting of the issuance of the shares allocated in Tranche 2, expected on 2 May 2022.

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