Masoval AS — Director's Dealing 2021

Nov 24, 2021

Correction: MÅSØVAL AS: MANDATORY NOTIFICATION OF TRADE

Correction: MÅSØVAL AS: MANDATORY NOTIFICATION OF TRADE

24.11.2021 23:39:44 CET | Måsøval AS | Mandatory notification of trade primary

insiders

Frøya, 24 November 2021: Reference is made to the announcement by Måsøval AS

("Måsøval" or the "Company") (Euronext Growth Oslo Ticker: MAS), where it

announced the successful completion of a private placement of 9,828,010 new

shares in the Company (the "New Shares") at a price of NOK 40.7 per New Share at

the date hereof (the "Private Placement").

Måsøval Eiendom AS ("Måsøval Eiendom"), a close associate of the chairperson

Lars Måsøval, has entered into a share lending agreement with the managers

retained for the Private Placement (the "Managers") and the Company, whereby

Måsøval Eiendom will lend 9,828,010 shares in the Company to the Managers in

order to facilitate delivery of listed shares to investors who were allocated

shares in the Private Placement. The borrowed shares will be redelivered to

Måsøval Eiendom upon registration of the share capital increase pertaining to

the New Shares in the Norwegian Register of Business Enterprises and issuance of

the New Shares in Euronext VPS.

The following primary insiders of the Company and close associates of primary

insiders have today been allocated shares in the Private Placement:

* Måsøval Eiendom was allocated 2,865,378 shares at a price of NOK 40.7 per

share.

* Konstanse Holding AS, a close associate of the chairperson Lars Måsøval, was

allocated 49,140 shares at a price of NOK 40.7 per share.

* AR-INVEST, a close associate of the CEO Asle Rønning, was allocated 12,285

shares at a price of NOK 40.7.

* Andreas Skagøy, the head of fish health, was allocated 1,228 shares at a

price of NOK 40.7

* Gunnar Aftret, the CFO, was allocated 1,228 shares at a price of NOK 40.7.

* Ola Loe, a board member, was allocated 6,150 shares at a price of NOK 40.7.

For additional information, please contact:

Asle Rønning (CEO), +47 918 09 043

Asle.ronning@masoval.no

Gunnar Aftret, CFO,

+47 913 77 389,

gunnar@masoval.no

Måsøval in brief:

Måsøval is an integrated producer of Atlantic salmon with more than 50 years of

operational experience. Located in Central Norway in the region west of

Trondheim, Måsøval has both significant farming operations at sea and inhouse

smolt production. Through its majority ownership in the processing and

distribution company Pure Norwegian Seafood AS, Måsøval is processing and

exporting high quality Atlantic salmon to a global marketplace.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Gunnar Aftret, CFO, 91377389, gunnar@masoval.no

ABOUT MÅSØVAL AS

Måsøval is an integrated producer of Atlantic salmon with more than 50 years of

operational experience. Located in Central Norway in the region west of

Trondheim, Måsøval has both significant farming operations at sea and inhouse

smolt production. Through its majority ownership in the processing and

distribution company Pure Norwegian Seafood AS, Måsøval is processing and

exporting high quality Atlantic salmon to a global marketplace.

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847731/1022/1358/Download%20announcement

%20as%20PDF.pdf

ORIGINAL RELEASE

MÅSØVAL AS: MANDATORY NOTIFICATION OF TRADE -

https://kommunikasjon.ntb.no/announcement?publisherId=17847731&announcementId=10

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