30 May 2023 - Proximar Seafood AS (the "Company")- Reference is made to the
previous announcement dated 12 April 2023, related to the buy-back agreement
between the Company and the bondholders in the tap issue.
The Company has today resolved to exercise the option to buy back the
convertible bonds issued under the tap issue at the agreed option price of
101.75% of the par value. Following completion of the buy-back, the Company will
hold 40,000,000 convertible bonds under its outstanding subordinated unsecured
convertible bond issue 2022/2025 with ISIN NO0012733387.
For more information, please contact:
Pål K. Grimsrud, CFO, +47 99 47 75 99, pkg@proximar.com
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
About Proximar Seafood
Proximar Seafood is a Norwegian land-based salmon farming company with its first
production facility and production at the foot of Mount Fuji in Japan. The
company has inserted its fifth batch of eggs since October 2022. Through
land-based fish farming, using high-quality ground water secured close to Mount
Fuji, the company will produce fresh Atlantic Salmon, harvested the same day.
Proximar's location, near one of the world's most important fish markets,
implies significant advantages, both in terms of reduced cost and carbon
footprint.