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Nordic Halibut AS – Mandatory notification of trade – Redelivery of borrowed shares to close associates of primary insiders

Writer's picture: NORDIC HALIBUTNORDIC HALIBUT

31 Jan 2025 10:18 CET Averøy, Norway


Reference is made to the stock exchange notice published by Nordic Halibut AS

("Nordic Halibut" or the "Company") on 22 January 2025, regarding the successful

placing of a private placement of new shares the Company (the "Private

Placement"). Reference is further made to the stock exchange notice published

yesterday, 30 January 2025, regarding the new share capital being registered.


To facilitate settlement on a delivery versus payment basis in the Private

Placement, the delivery of existing and unencumbered shares in the Company

already admitted to trading on Euronext Growth Oslo was made available on 22

January 2025 to Pareto Securities AS and SpareBank 1 Markets AS (the "Managers")

by shareholders Kontrari AS and Kontrazi AS (the "Share Lenders") pursuant to a

share lending agreement between the Share Lenders, the Company and the Managers

(the "Share Lending Agreement").


In accordance with the Share Lending Agreement, the Managers have today

redelivered to the Share Lenders the 14,250,000 borrowed shares in the Company,

distributed by 13,778,158 shares to Kontrari AS and 471,842 shares to Kontrazi

AS.


The Share Lenders are close associates of primary insiders in the Company and

board members Vegard Gjerde (chair) and Jan Erik Sivertsen.


See further details of the share lending in the attached forms.


This information is subject to the disclosure requirements in the EU Market

Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading

Act.


For further information, please contact:


CEO Edvard Henden

+47 911 41 165


or


CFO Thomas Scheele Berg

+47 928 84 856

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