NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES
OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.
Singapore, 15 August 2025, Barramundi Group Ltd. (the "Company") (EURONEXT:
BARRA) Reference is made to the stock exchange notice dated 15 August 2025 in
relation to the notice of an extraordinary general meeting ("EGM").
As set out in the notice of the EGM, the Company's Board of Directors have
proposed that the EGM resolve, among other things, to complete a private
placement and a subsequent offering of new ordinary shares in the capital of the
Company as part of the implementation of the scheme of arrangement sanctioned by
the General Division of the High Court of the Republic of Singapore on 14 July
2025.
Eligible shareholders will be shareholders of the Company as at the Record Date
(as set out below) who are (i) not subscribers in the private placement referred
in the EGM notice and (ii) not resident in a jurisdiction where such offering
would be unlawful or would require any filing, registration or similar action of
a registration document or prospectus.
o Last trading day including allocation rights: 1 September 2025
o Ex-date: 2 September 2025
o Record Date: 3 September 2025
o Date of approval: 1 September 2025, subject to approval by shareholders of the
Company at the EGM
o Maximum number of new Ordinary Shares: 45,476,503
o Subscription price: SGD 0.0289 (equivalent to approximately NOK 0.231)
o New Ordinary Shares allocation: 1.77566 Ordinary Shares for each existing
Ordinary Share held as at Record Date, rounded down to the nearest whole share
o Subscription period: 5 September 2025, 09:00 CEST to 12 September 2025, 16:30
CEST
The launch of the Subsequent Offering is subject to approval by the shareholders
of the Company at the EGM. Further terms of the Subsequent Offering will be
announced upon commencement of the subscription period.
This information is published in accordance with the requirements of Rule Book
II for Euronext Growth Oslo, section 3-10.
For further inquiries, please contact:
James Kwan
Chief Executive Officer
Vanessa Tan
Chief Financial Officer
Email: investors@barramundi.com