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Salmon Evolution ASA Regulatory Filings 2020

Sep 17, 2020

3732_rns_2020-09-17_c221c8d7-03f5-46c3-a920-598dbc3f2eae.html

Regulatory Filings

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Publication of Admission Document

Publication of Admission Document

SALMON EVOLUTION HOLDING AS: PUBLICATION OF ADMISSION DOCUMENT

The attached admission document (the “Admission Document”) has been prepared by Salmon Evolution Holding AS (the “Company”) solely for the use in connection with the admission to trading of all of its shares on Merkur Market. First day of trading in the Company’s shares on Merkur Market is expected tomorrow, 18 September 2020.

DNB Markets, a part of DNB Bank ASA and Pareto Securities AS has acted as Merkur Market advisors and Advokatfirmaet BAHR AS has acted as legal advisor to the Company in connection with the admission to trading of the Shares on Merkur Market.

Contacts:

Håkon André Berg, CEO (+47 411 92 257)

About Salmon Evolution

Salmon Evolution Holding AS is a land-based salmon farming company with its first production facility under construction on Indre Harøy, Norway, and a global expansion plan targeting total production of approximately 70,000 tons annually in the medium- to long-term horizon. The Company utilize a hybrid flow-through system (“HFS”) supplied by Artec Aqua with 65 per cent reuse and 35 per cent supply of filtered fresh seawater securing controlled and optimal growth conditions, no risk of paracites and limited risk of diseases. The controlled production environment combined with minimal fish handling enables improved growth rate and fish health. In addition, production will provide minimal environmental impact through wastewater treatment and the reuse of marine resources.

Salmon Evolution has secured a license for 13,300 tons of maximum allowed biomass (“MAB”) on Indre Harøy in Hustadvika municipality. The facility’s location is strategically located on the Norwegian west coast with access to an educated and experienced work force, established infrastructure for salmon farming, renewable energy and unlimited fresh seawater. Salmon Evolution intends to combine water intake from 25 – 90 meters to utilize seasonal variations and reducing the need to heat or cool the water before entering the fish tanks.