AKVA group ASA: New land based contract signed
29 September 2021 - 3:46PM
AKVA group ASA: New land based contract signed
With reference to the stock notice of 12 June 2020 AKVA group
ASA (“AKVA”) hereby announce that the company has been awarded the
contract for the full grow-out RAS project from the Norwegian
company AquaCon AS.
AquaCon AS is planning to build a new land based grow-out
facility on Eastern Shore, Maryland, USA. The value of AKVA’s
delivery is estimated to be USD 150 million for the first phase
(16,000 tonnes).
AKVA and Israel Corp. will jointly participate in a USD 5
million convertible loan, and have the option to invest additional
USD 15 million, both under certain conditions.
Dated: 29 September 2021AKVA group ASA
Web: www.akvagroup.com
CONTACTS:
Knut Nesse |
Chief Executive
Officer |
Phone: |
+47 51 77 85 00 |
Mobile: |
+47 91 37 62 20 |
E-mail: |
knesse@akvagroup.com |
Ronny
Meinkøhn |
Chief Financial
Officer |
Phone: |
+47 51 77 85
00 |
Mobile: |
+47 98 20 67
76 |
E-mail: |
rmeinkohn@akvagroup.com |
***
This information is considered to be inside information pursuant
to the EU Market Abuse Regulation and is subject to the disclosure
requirements according to section 5-12 of the Norwegian Securities
Trading Act. The information was submitted for publication by Ronny
Meinkohn (CFO) (contact details as set out above) on 29 September
2021 at 07:30 CET.
About AKVA group ASA
AKVA group ASA is a global technology and service partner
that deliver technology and services that
helps solve biological challenges within the
aquaculture industry. Good operational performance and
fish welfare ensures sustainability and profitability
for the customer. This is the premise
for everything we deliver, from single components to services and
complete installations. In-depth aquaculture knowledge,
extensive experience and a high capacity for innovation
characterizes and enables us to deliver the best
solutions for both land based and sea based fish farming.
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