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Salmon Evolution ASA: New share capital registered

20 June 2024: Reference is made to the stock exchange announcement on 18 June 2024 by Salmon Evolution ASA (“Salmon Evolution” or the “Company”) regarding the private placement as described therein (the “Private Placement”) and the resolution by the Board of Directors to issue 48,666,666 new shares (the “New Shares”) in the Company as described therein pursuant to an authorisation granted by the Company’s general meeting on 5 June 2024 (the “Board Authorisation”).

1,888,266 of the New Shares issued in accordance with the Board Authorisation are subject to an extended timeline and are expected to be issued at a later stage (the “Extended Timeline Shares”).

The share capital increase pertaining to the issuance of the New Shares excluding the above-mentioned Extended Timeline Shares, has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). Salmon Evolution’s share capital is now NOK 23,035,752 comprising of 460,715,040 shares, each with a nominal value of NOK 0.05.

 

For more information, please contact:

Trond Håkon Schaug-Pettersen, CEO: +47 911 91 327

Trond Vadset Veibust, CFO: +47 480 90 595

 

About Salmon Evolution

About Salmon Evolution Salmon Evolution is the global leader within land-based salmon farming with a clear roadmap for 100,000 tonnes HOG annual production capacity. Pioneering the hybrid flow-through system (HFS), Salmon Evolution is Extending the Ocean Potential by creating optimal growth conditions in a controlled environment on land. This approach, capturing the benefits of both land-based and sea-based farming, puts biology first and limits operational and biological risk. Salmon Evolution is strategically located the heart of the global aquaculture industry on the west coast of Norway, where the Company has its first facility and global centre of excellence fully operational at industrial scale. Enabled by the proof of concept in Norway, Salmon Evolution targets significant international expansion.

Salmon Evolution ASA is listed on Oslo Børs under the ticker SALME.

To learn more, please visit www.salmonevolution.no.

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