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AKVA Group M&A Activity 2019

Aug 12, 2019

3532_rns_2019-08-12_0339cd46-f7e8-4167-9777-663d619b866e.html

M&A Activity

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National Storage Mechanism | Additional information

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AKVA group Land Based A/S, a wholly owned subsidiary of AKVA group ASA has entered into a Co-operation Agreement with Cooke Aquaculture Inc., with the potential for delivering several larger land based smolt projects. The first of these projects is a project in Chile with expected finalization of the contract in Q3 2019.

The deliveries for the Chilean project is estimated to be from Q4 2019 to Q4 2021.

Dated: 12 August 2019

AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Hallvard Muri Chief Executive Officer
Phone: +47 51 77 85 00
Mobile: +47 91 58 07 50
E-mail: [email protected]
Simon Nyquist Martinsen Chief Financial Officer
Phone: +47 51 77 85 00
Mobile: +47 91 63 00 42
E-mail: [email protected]

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