AKVA Group - M&A Activity 2025 | FinancialReports.eu

AKVA group ASA: Sale of shares in Abyss Group to Arcus Infrastructure Partners

AKVA group ASA ("AKVA") has signed an agreement to sell its 21.55% ownership in

Abyss Group AS ("Abyss") to Arcus Infrastructure Partners LLP.

AKVA's net proceeds from the sale of approx. MNOK 140 will result in a positive

accounting gain. The sale will free up capital for continued development of

AKVA's core business segments.

The closing of the transaction is expected to take place during March 2025.

Dated: 12 March 2025

AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Knut Nesse Chief Executive Officer

Phone: +47 51 77 85 00

Mobile: +47 91 37 62 20

Ronny Meinkøhn Chief Financial Officer

Phone: +47 51 77 85 00

Mobile: +47 98 20 67 76

***

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements according

to section 5-12 of the Norwegian Securities Trading Act. The information was

submitted for publication by Ronny Meinkohn (CFO) (contact details as set out

above) on 12 March 2025 at 08:00 CET.

About AKVA group ASA

AKVA group ASA is a global technology and service partner that deliver

technology and services that helps solve biological challenges within the

aquaculture industry. Good operational performance and fish welfare ensures

sustainability and profitability for the customer. This is the premise for

everything we deliver, from single components to services and complete

installations. In-depth aquaculture knowledge, extensive experience and a high

capacity for innovation characterizes and enables us to deliver the best

solutions for both land based and sea based fish farming.

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