Bakkafrost P/f

Director's Dealing • Feb 26, 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 24 shares. After the transaction, he holds

4,494,879 shares.

Gunnar Nielsen, CFO, purchased 20 shares. After the transaction, he holds 1,394

shares.

Odd Eliasen, Managing Director, purchased 20 shares. After the transaction, he

holds 172,806 shares.

Annika Frederiksberg, Board Member, purchased 9 shares. After the transaction,

she holds directly and indirectly 15,446 shares.

The shares were purchased from P/F Bakkafrost on 26 February 2018. In addition

to the shares sold to the primary insiders, P/F Bakkafrost sold 775 shares to

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

848 shares and after the sale P/F Bakkafrost holds 224,113 treasury shares. The

transaction was based on the closing share price on 26 February 2018, which was

NOK 399.60 per share, corresponding to DKK 308.97 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.