Miami, FL, September 21, 2021
Karl Øystein Øyehaug, Chief Financing Officer & Managing Director, and primary
insider in Atlantic Sapphire ASA, has today acquired 5,550 shares in Atlantic
Sapphire ASA at an average price of NOK 36.0 per share. Following the
transaction, Mr. Øyehaug holds 17 655 shares in the Company, corresponding to
0.0% of the total shares outstanding and 28,861 options in the Company.
For further information, please contact:
Johan E. Andreassen
Chairman, Atlantic Sapphire ASA, and CEO, Atlantic Sapphire USA LLC;
Karl Øystein Øyehaug
Managing Director, Atlantic Sapphire ASA, and Chief Financing Officer, Atlantic
Sapphire USA LLC
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 in Denmark since 2011 with a strong focus
on R&D and innovation to equip the Company with the technology and procedures
that enable the Company to commercially scale up production in end markets close
to the consumer.
In the US, the Company has identified and obtained the requisite permits to
construct its Bluehouse® in the ideal location in Homestead, Florida, just south
of Miami. The Company has completed Phase 1 construction, which provides the
capacity to harvest approximately 10,000 tons (HOG) of salmon annually. The
Company completed its first commercial harvest in the US in September 2020.
Atlantic Sapphire has 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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