Bakkafrost P/f

Director's Dealing • Oct 28, 2019

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2019, the following primary

insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 24 shares. After the transaction, he holds

4,615,920 shares.

· Odd Eliasen, Managing Director, purchased 16 shares. After the transaction,

he holds 173,608 shares.

· Høgni Dahl Jakobsen, CFO, purchased 15 shares. After the transaction, he

holds 113 shares.

· Annika Frederiksberg, Board Member, purchased 6 shares. After the

transaction, she holds directly and indirectly 15,798 shares.

The shares were purchased from P/F Bakkafrost on 28 October 2019. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 586 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 647

shares and after the sale P/F Bakkafrost holds 2,079 treasury shares. The

transaction was based on the closing share price on 28 October 2019, which was

NOK 585.50 per share, corresponding to DKK 428.41 per share.

For further information about Bakkafrost's share savings plan, see

www.bakkafrost.com/en/investor-relations/share-information/share-savings-plan

Contacts:

· Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

· Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.