Release details

2019-02-14 06:28 CET
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SalMar - Share acquisition in Arnarlax AS

SalMar ASA has today entered into an agreement to acquire 3,268,670 shares in Arnarlax AS at NOK 55 per share, totalling NOK 179,776,850. SalMar ASA owns from before 41.95 % of the shares in Arnarlax AS and will by this transaction increase its ownership to 54,23  %. Arnarlax AS is the largest farmer and producer of salmon on Iceland through its wholly owned subsidiary Arnarlax Hf. SalMar AS will following the transaction issue an offer to acquire the remaining 12,181,761 shares in the company at approx. NOK 55.50 per share. The chairman of the board of Arnarlax AS, Kjartan Olafsson, has confirmed that he wishes to continue as an owner in Arnarlax AS and will as such not sell shares in response to the offer. Sparebank 1 Markets has acted as financial advisor in the transaction.

For more information, please contact:
CFO Trond Tuvstein
Tel: +47 918 53 139
Email: trond.tuvstein@salmar.no

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
HUG#2234974