Key information relating to subsequent offering to be carried out by BioFish Holding AS

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INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR THE UNITED STATES OR ANY
OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.


Key information relating to subsequent offering to be carried out by BioFish
Holding AS


Oslo, 13 January 2023 - Reference is made to the stock exchange notice from
BioFish Holding AS (the "Company") on 13 January 2023 regarding the successful
completion of a private placement of 55,000,000 new shares in the Company with
gross proceeds of NOK 55 million (the "Private Placement") and a potential
subsequent offering at the same subscription price as in the Private Placement
(the "Subsequent Offering").
The Company has, subject to completion of the Private Placement and certain
other conditions, resolved to carry out a Subsequent Offering. The Subsequent
Offering will be conducted at a price of NOK 1 (the "Subscription Price") with
non-tradeable subscription rights for up to 15,000,000 new shares in the Company
towards existing shareholders in the Company as of 12 January 2023 (as
registered in the VPS two trading days thereafter, the "Record Date), who (i)
were not allocated offer shares in the Private Placement, (ii) were not actively
involved in presounding activities for the Private Placement, and (iii) are not
resident in a jurisdiction where such offering would be unlawful or, would (in
jurisdictions other than Norway) require any prospectus, filing, registration or
similar action ("Eligible Shareholders"). 
The Subsequent Offering will be subject to approval by the Company's board of
directors (the "Board"), based on an authorization granted by the extraordinary
general meeting to be held on or about 20 January 2023 (the "EGM"), under which
Eligible Shareholders will receive non-tradeable subscription rights based on
their registered shareholdings as of the Record Date.
Completion of the Subsequent Offering will be subject to (i) completion of the
Private Placement, (ii) approval of the authorization to the Board of Directors
for the Subsequent Offering at the EGM and (iii) the publication of a prospectus
(the "Prospectus") by the Company. The subscription period for the Subsequent
Offering is expected to commence by end of Q1 2023.
In accordance with the continuing obligations of companies listed on the Oslo
Stock Exchange, the following key information is given with respect to the
Subsequent Offering:
Date of announcement of the potential Subsequent Offering 	12 January 2023
Last day of trading including right to participate in Subsequent Offering 	12
January 2023
First Date of trading excluding right to participate in Subsequent Offering	13
January 2023
Record Date	16 January 2023
Date of approval 	On or about 20 January 2023
Maximum number of new shares	15,000,000
Subscription price	NOK 1


For further information, please contact: 
Torbjørn Skulstad, CEO
[phone]
Tor Haldorsen, Chairman of the board
[phone]
About BioFish: BioFish is an established producer of large smolt for the salmon
farming industry, located in the Hardangerfjord on the Norwegian West Coast. The
Company has recently been granted an expanded production license and aims to
produce 2,200 tons of biomass p.a. when current facility has been expanded and
completed. 
Important Notice: These materials do not constitute or form a part of any offer
of securities for sale or a solicitation of an offer to purchase securities of
BioFish in the United States or any other jurisdiction. The securities of the
Company may not be offered or sold in the United States absent registration or
an exemption from registration under the U.S. Securities Act of 1933, as amended
(the "U.S. Securities Act"). The securities of the Company have not been, and
will not be, registered under the U.S. Securities Act. Any sale in the United
States of the securities mentioned in this communication will be made solely to
"qualified institutional buyers" as defined in Rule 144A under the U.S.
Securities Act. No public offering of the securities will be made in the United
States. In any EEA Member State, this communication is only addressed to and is
only directed at qualified investors in that Member State within the meaning of
the EU Prospectus Regulation, i.e., only to investors who can receive the offer
without an approved prospectus in such EEA Member State. The expression "EU
Prospectus Regulation" means Regulation (EU) 2017/1129 of the European
Parliament and of the Council of 14 June 2017 (together with any applicable
implementing measures in any Member State). In the United Kingdom, this
communication is only addressed to and is only directed at Qualified Investors
who (i) are investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as
amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to
(d) of the Order (high net worth companies, unincorporated associations, etc.)
(all such persons together being referred to as "Relevant Persons"). These
materials are directed only at Relevant Persons and must not be acted on or
relied on by persons who are not Relevant Persons. Any investment or investment
activity to which this announcement relates is available only to Relevant
Persons and will be engaged in only with Relevant Persons. Persons distributing
this communication must satisfy themselves that it is lawful to do so. This
statement contains certain forward-looking statements (as such defined in
Section 21E of the U.S. Securities Exchange Act of 1934, as amended) concerning
future events, including possible issuance of equity securities of the Company.
Forward-looking statements are statements that are not historical facts and may
be identified by words such as "anticipate", "believe", "continue", "estimate",
"expect", "intends", "may", "should", "will" and similar expressions. The
forward-looking statements in this release are based upon various assumptions,
many of which are based, in turn, upon further assumptions. Although the Company
believes that these assumptions were reasonable when made, these assumptions are
inherently subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or impossible to
predict and are beyond its control. Such risks, uncertainties, contingencies and
other important factors include, but are not limited to, the possibility that
the Company will determine not to, or be unable to, issue any equity securities,
and could cause actual events to differ materially from the expectations
expressed or implied in this release by such forward-looking statements. The
information, opinions and forward-looking statements contained in this
announcement speak only as at its date and are subject to change without notice.
This announcement is made by and, and is the responsibility of, the Company. The
Manager is acting exclusively for the Company and no one else and will not be
responsible to anyone other than the Company for providing the protections
afforded to their respective clients, or for advice in relation to the contents
of this announcement or any of the matters referred to herein. None of the
Manager or any of their respective affiliates makes any representation as to the
accuracy or completeness of this announcement and none of them accepts any
responsibility for the contents of this announcement or any matters referred to
herein. This announcement is for information purposes only. It is not intended
as investment advice and under no circumstances is it to be used or considered
as an offer to sell, or a solicitation of an offer to buy any securities or a
recommendation to buy or sell any securities of the Company. None of the Manager
or any of its respective affiliates accepts any liability arising from the use
of this announcement. Each of the Company, the Manager and its respective
affiliates expressly disclaims any obligation or undertaking to update, review
or revise any statement contained in this announcement whether as a result of
new information, future developments or otherwise. 

The distribution of this announcement and other information may be restricted by
law in certain jurisdictions. Persons into whose possession this announcement or
such other information should come are required to inform themselves about and
to observe any such restrictions. Specifically, neither this announcement nor
the information contained herein is for publication, distribution or release, in
whole or in part, directly or indirectly, in or into or from the United States
(including its territories and possessions, any State of the United States and
the District of Columbia), Australia, Canada, Hong Kong Japan or any other
jurisdiction where to do so would constitute a violation of the relevant laws of
such jurisdiction. The publication, distribution or release of this announcement
may be restricted by law in certain jurisdictions and persons into whose
possession any document or other information referred to herein comes should
inform themselves about and observe any such restriction. Any failure to comply
with these restrictions may constitute a violation of the securities laws of any
such jurisdiction.

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