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Salmon Evolution ASA: Submitted application for listing on Oslo Børs
STOCK EXCHANGE NOTICE
2nd July 2021 / 06:19
Salmon Evolution ASA ("Salmon Evolution" or the "Company", OSE: SALME) has today submitted an application for listing of its shares on Oslo Børs (or alternatively Euronext Expand) by transfer of its current listing on Euronext Growth.
Subject to Oslo Børs’ approval of the Company’s listing application and satisfaction of the conditions set by Oslo Børs, the Company expects that the first day of trading of the Company’s shares on Oslo Børs will be during the first half of July 2021.
Mr Håkon André Berg, CEO of Salmon Evolution comments:
“The upcoming listing on Oslo Børs represents yet another major milestone for Salmon Evolution and we see this as a solid validation of our business case and our organization’s capability to adhere to the strict requirements and obligations connected with being listed on a regulated market.
We expect that the listing on Oslo Børs will further accelerate the overall growth of our company, attract an even broader investor base, increase share liquidity and strengthen the profile of Salmon Evolution.”
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Salmon Evolution is a Norwegian land-based salmon farming company focused on extending the ocean’s potential by transferring the best preconditions offered by the sea to farm fish on land through its hybrid flow-through system technology (HFS). This secures a truly sustainable production process with controlled and optimal growth conditions and limiting operational and biological risk.
The Company’s first production facility is under construction at Indre Harøy, strategically located on the Norwegian west coast with unlimited access to fresh seawater, renewable energy, established infrastructure for salmon farming, and an educated and experienced work force. The entire project is designed for an annual capacity of approx. 31,500 tonnes HOG.
The Company has also entered into a joint venture with Dongwon Industries where the parties will develop, construct and operate a land-based salmon farming facility in South Korea with an annual production capacity of 16,800 tonnes HOG, using Salmon Evolution’s HFS technology.
Salmon Evolution ASA is listed at Euronext Growth under the ticker SALME.
To learn more, please visit www.salmonevolution.no.
Håkon A. Berg
CEO, Salmon Evolution
+47 411 92 257
Trond Håkon Schaug-Pettersen
CFO, Salmon Evolution
+47 911 91 327
Subject to Oslo Børs’ approval of the Company’s listing application and satisfaction of the conditions set by Oslo Børs, the Company expects that the first day of trading of the Company’s shares on Oslo Børs will be during the first half of July 2021.
Mr Håkon André Berg, CEO of Salmon Evolution comments:
“The upcoming listing on Oslo Børs represents yet another major milestone for Salmon Evolution and we see this as a solid validation of our business case and our organization’s capability to adhere to the strict requirements and obligations connected with being listed on a regulated market.
We expect that the listing on Oslo Børs will further accelerate the overall growth of our company, attract an even broader investor base, increase share liquidity and strengthen the profile of Salmon Evolution.”
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
ABOUT
About Salmon EvolutionSalmon Evolution is a Norwegian land-based salmon farming company focused on extending the ocean’s potential by transferring the best preconditions offered by the sea to farm fish on land through its hybrid flow-through system technology (HFS). This secures a truly sustainable production process with controlled and optimal growth conditions and limiting operational and biological risk.
The Company’s first production facility is under construction at Indre Harøy, strategically located on the Norwegian west coast with unlimited access to fresh seawater, renewable energy, established infrastructure for salmon farming, and an educated and experienced work force. The entire project is designed for an annual capacity of approx. 31,500 tonnes HOG.
The Company has also entered into a joint venture with Dongwon Industries where the parties will develop, construct and operate a land-based salmon farming facility in South Korea with an annual production capacity of 16,800 tonnes HOG, using Salmon Evolution’s HFS technology.
Salmon Evolution ASA is listed at Euronext Growth under the ticker SALME.
To learn more, please visit www.salmonevolution.no.
CONTACT
For further information, contact:Håkon A. Berg
CEO, Salmon Evolution
+47 411 92 257
Trond Håkon Schaug-Pettersen
CFO, Salmon Evolution
+47 911 91 327