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RNS - AQUA BIO TECHNOLOGY ASA (ABTEC) - LOI Signed Between Jetcarrier AS and Hofseth International AS

Company: Aqua Bio Technology Date: 2025-05-21 Language: English Register to download

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# **AQUA BIO TECHNOLOGY ASA (ABTEC) – LOI Signed Between Jetcarrier AS and Hofseth International AS**

21.5.2025 11:51:47 CEST | Aqua Bio Technology ASA | Additional regulated information required to be disclosed under the laws of a member state

Aqua Bio Technology (ABTEC)'s wholly owned subsidiary Jetcarrier AS (Jet) has signed a Letter of Intent (LOI) with Hofseth International AS (HI) for transportation services worth potentially NOK 40–50 million annually.

The intention is for Jet to facilitate the shipment of approximately 1,000 containers per year, or 16–22 per week, of frozen fish, primarily to North America.

Upon entering into a final agreement, Jet will require 12 months of exclusivity.

HI is one of Norway's largest producers and a major international supplier of salmon and processed salmon products.

### **Disclosure regulation**

This information is subject of the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act.

#### **Contacts**

- Roger Sedal, Chair of the Board of Directors, Aqua Bio Technology ASA, +4740002002, [roger@sedal.no](mailto:roger@sedal.no)
- Terje Blytt, JetCarrier AS, +4769184030, +4790861271, [terje@jetcarrier.com](mailto:terje@jetcarrier.com)

# **About Aqua Bio Technology ASA**

Aqua Bio Technology ASA (ABTEC) is a distribution group in skincare and nonfood. The group has distribution towards B2C, B2B, B2B2, and freight, customs, and logistics services. The group also develops sustainable biotechnology for use in skincare products. Aqua Bio Technology is listed on the Euronext Expand market of the Oslo Stock Exchange.

## **Attachments**

[Download announcement as PDF.pdf](https://kommunikasjon.ntb.no/ir-files/17847556/18537080/6121/Download%20announcement%20as%20PDF.pdf)