Miami, FL ,October 27, 2020 Alexander Reus , board member and primary insider, has today acquired 20,000 shares at an average price ofNOK 87.50 . Following the transaction,Alexander Reus holds 1,601,051 shares in the Company, corresponding to 2.0% of the total shares outstanding in the Company. For further information, please contact:Johan E. Andreassen Chairman , Atlantic Sapphire ASA; Karl Øystein Øyehaug Managing Director & Interim CFO, Atlantic Sapphire ASA investorrelations@atlanticsapphire.com About Atlantic Sapphire ASA Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming, locally, and transforming protein production, globally. Atlantic Sapphire has been operating its innovation center inDenmark since 2011 with a strong focus on R&D and innovation to equip the company with technology and procedures that enables the company to commercially scale up production in end markets close to the consumer. In the US, the company has since 2010 worked to identify and permit the ideal location for Bluehouse® farming inMiami, Florida . The company is close to completion of its phase 1 build out which is projected to harvest approximately 10,000 tons of salmon annually, and performed its first commercial harvest in the US inSeptember 2020 . The company has also secured the key US water permits to produce up to 90,000 tons onsite, and has a targeted harvest volume in 2031 of 220,000 tons.
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