Miami, FL ,July 21, 2020 Reference is made to the exercise of 10,000 share options byMario Palma , Director of Aquaculture and primary insider in Atlantic Sapphire ASA, as announced onJuly 7, 2020 . The share capital increase relating to the option exercise has now been registered with theNorwegian Register ofBusiness Enterprises . The share capital has been increased withNOK 1,000 through issuance of 10,000 new shares, each with a par value ofNOK 0.10 . The new share capital is thusNOK 7,128,610 divided by 71,286,100 shares, each with a par value ofNOK 0.10 . For further information, please contact:Johan E. Andreassen Chairman , Atlantic Sapphire ASA; or Karl Øystein Øyehaug Managing Director, 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, beginning in Q3, 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. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Click here for more information
© Oslo Bors ASA, source