18 May 2023: Reference is made to the stock exchange notice published 15 May
2023 regarding conversion of parts of the convertible bond ("Bonds") with ISIN
NO0012733387 issued by Proximar Seafood AS (the "Company"). The share capital
increase pertaining to the conversion of 16,000,000 Bonds has been registered in
the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret).
Following such share capital increase, the Company's share capital is NOK
5,825,278 consisting of 58,252,780 shares each with a par value of NOK 0.1. The
new shares pertaining to the share capital increase are expected to be recorded
in the VPS tomorrow.
For more information, please contact:
Joachim Nielsen, CEO, +81 70 2811 9898, jn@proximar.com
Pål K. Grimsrud, CFO, +47 99 47 75 99, pkg@proximar.com
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 inserted its first batch of eggs in October 2022 and has currently
inserted batch number five. Through land-based salmon 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.