PROXIMAR SEAFOOD Bergen,4 May 2023 Reference is made to the stock exchange announcement byProximar Seafood AS ("Proximar" or the "Company") on28 April 2023 regarding the successful placement of new shares in the Company with gross proceeds ofNOK 73.6 million (the "Private Placement"), and that the Company intended to carry out a subsequent offering with non-tradeable subscription rights of up to 3,000,000 new shares in the Company (the "Subsequent Offering"), depending inter alia on the development of the price of the shares in the Company after completion of the Private Placement. The board of directors of the Company has resolved today not to proceed with the Subsequent Offering. Following announcement of completion of the Private Placement, the Company's shares have traded around or below the subscription price in the Private Placement at meaningful volumes. Accordingly, any shareholder wishing to reduce the dilutive effect of the Private Placement have had sufficient opportunity to purchase shares in the Company in the market at prices around, similar to or below what would have been the subscription price in the Subsequent Offering. For more information, please contact:Pål K. Grimsrud , CFO, +47 99 47 75 99, pkg@proximar.com This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. AboutProximar Seafood :Proximar Seafood is a Norwegian land-based salmon farming company with its first production facility and production at the foot ofMount Fuji inJapan . The company has inserted its fifth batch of eggs sinceOctober 2022 . Through land-based fish farming, using high-quality ground water secured close toMount Fuji , the company will produce fresh Atlantic Salmon, harvested the same day. Proximar's location, near one of the world's most important fish markets, implies significant advantages, both in terms of reduced cost and carbon footprint.
Click here for more information
© Oslo Bors ASA, source
