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Grieg Seafood has entered into an agreement with the publicly listed British company Benchmark Holdings plc regarding sale of Grieg Seafood’s shares in SalmoBreed AS.

Grieg Seafood’s subsidiary Erfjord stamfisk AS will continue as a leading producer of SalmoBreed roe after the takeover.

The sale of the shares yield a positive cash effect of 69.3 MNOK, and a calculated profit before tax of approximately 60 MNOK. Pending Benchmark Holding plc’s completion of their private placement shares process, the sale of the shares is anticipated to take place mid December 2014.

For further information, please contact:

  • Operative Chair Per Grieg jr, cell phone: +47 908 31 648
  • CFO/Acting CEO Atle Harald Sandtorv, cell phone: +47 908 45 252

For more information, please visit salmobreed.no.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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