Statt Torsk ASA

Regulatory Filings • Aug 7, 2023

Statt Torsk ASA: Decision to initiate a strategic review

Statt Torsk ASA: Decision to initiate a strategic review

The Board of Directors (the “Board”) of Statt Torsk ASA (STATT) (the ”Company”) has resolved to initiate a strategic review to explore options for the Company to optimize shareholder value and to secure financing.

In connection with the strategic review, the Board has appointed Pareto Securities and Sparebank1 Markets as advisors (the “Financial Advisors”). With the support of the Financial Advisors, the Company will explore a broad range of strategic alternatives, inter alia, financing, structural, business development opportunities, or combinations of these, and short-term working capital financing in general.

No assurances can be given as to the outcome or timing of the review process. The Company does not intend to make any further public comment regarding the review until it has been completed or the Company determines that disclosure is required or appropriate.

For more information; contact Gustave Brun-Lie, CEO, gbl@statt.no

The decision to initiate the strategic review is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange notice was published by Gustave Brun-Lie, Monday 7. August at 08:00 CET.