Miami, FL, September 26, 2021
Reference is made to the stock exchange notice on September 7, 2021 regarding an
exercise of 35,000 share options by option holders in Atlantic Sapphire ASA and
a corresponding resolution by the Board of Directors to issue new shares.
The share capital increase relating to the option exercise has now been
registered with the Norwegian Register of Business Enterprises. The share
capital has been increased with NOK 3,500 through issuance of 35,000 new shares,
each with a par value of NOK 0.10. The new registered share capital is NOK
9,104,855.10 divided by 91,048,551 shares, each with a par value of NOK 0.10.
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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