The Kingfish Company — Director's Dealing 2021

Apr 16, 2021

The Kingfish Company - Trading by Primary Insiders

The Kingfish Company - Trading by Primary Insiders

Ohad Maiman, CEO, management board member and primary insider, acquired 7,700 shares at an average price of NOK 26.36 each on 15 April 2021. Following the transactions, Mr. Maiman directly and indirectly holds 4,607,700 shares in the Company, corresponding to 6.8% of the total shares outstanding in the Company.

Christo du Plessis, acting CFO, management board member and primary insider, acquired 19,518 shares at an average price of NOK 25.48 each on 14 and 15 April 2021. Following the transactions, Mr. du Plessis holds 28,368 shares in the Company, corresponding to 0.04% of the total shares outstanding in the Company.

Jeroen Scheelbeek, supervisory board member and primary insider, acquired 7,000 shares at an average price of NOK 24.79 each on 14 April 2021. Following the transactions, Mr. Scheelbeek holds 7,000 shares in the Company, corresponding to 0.01% of the total shares outstanding in the Company.

About The Kingfish Company

The Kingfish Company is a pioneer and leader in sustainable land-based aquaculture. Current annual production capacity at its Kingfish Zeeland facility in the Netherlands is 1,250 tons of high quality and high value Yellowtail Kingfish.

Expansion is underway and capacity in the Netherlands will reach 3,000 tons in the second half of 2022. In the US, permitting for the company’s 6,000-8,000 tons capacity facility is progressing as planned, with production start scheduled for second half of 2023.

Production is based on advanced recirculating aquaculture systems (RAS), which protect biodiversity and ensure bio security. Animal welfare is paramount, and the fish is grown without use of antibiotics and vaccines. Operations run on 100 percent renewable energy, sourced from wind, solar and biogas. The company’s facilities operate on sea water, avoiding wasting of precious fresh water.

The Kingfish Company’s main product at present, the Yellowtail Kingfish (also known as Ricciola/Hiramasa/Greater Amberjack) is a highly versatile premium fish species, well known in the Italian and Asian fusion cuisines.

Its products are certified and approved as sustainable and environmentally friendly by Aquaculture Stewardship Council (ASC), Best Aquaculture Practices (BAP) and British Retail Consortium (BRC). It was the winner of the 2019 Seafood Excellence Award, and it is recommended as green choice by Good Fish Foundation.