Bakkafrost P/f

Director's Dealing • Jun 28, 2018

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2018, the following primary

insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 21 shares. After the transaction, he holds

4,495,072 shares.

Gunnar Nielsen, CFO, purchased 17 shares. After the transaction, he holds 1,546

shares.

Odd Eliasen, Managing Director, purchased 17 shares. After the transaction, he

holds 172,961 shares.

Annika Frederiksberg, Board Member, purchased 8 shares. After the transaction,

she holds directly and indirectly 15,511 shares.

The shares were purchased from P/F Bakkafrost on 28 June 2018. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 718 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 781

shares and after the sale P/F Bakkafrost holds 206,766 treasury shares. The

transaction was based on the closing share price on 28 June 2018, which was NOK

458.60 per share, corresponding to DKK 360.69 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)

Gunnar Nielsen, 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.