Salmar - Private Placement - NOK 2,709m

Arctic Securities acted as Joint Bookrunner in relation to the Private Placement in SalMar ASA with a total transaction size of NOK 2,709 million.

SalMar has a strong track record of profitable growth during its 30-year long history through operational excellence, organic growth and strategic mergers & acquisitions. In the current market environment, SalMar sees several attractive growth and investment opportunities across the entire value chain from roe to plate. These opportunities include purchase of salmon production licenses and company acquisitions, as well as organic investments in smolt production, coastal farming operations, harvesting and processing activities. SalMar has also taken a pole position in developing large-scale offshore farming, initially in Norway and eventually in other suitable locations. The net proceeds from the Private Placement will be applied across these opportunities.

The private placement received strong interest from high quality institutional investors in the Nordics and internationally and was multiple times oversubscribed.

We are grateful for the vote of confidence and congratulates Gustav Witzøe, Trine Sæther Romuld, Håkon Husby and the rest of the SalMar team with the successful transaction!