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    GETG   SE0009690811

GET GROUP AB (PUBL)

(GETG)
End-of-day quote NORDIC GROWTH MARKET  -  2022-07-03
0.003000 SEK   -.--%
07/01GET Group AB (publ) announces new strategy
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06/30Bulletin from Annual General Meeting in GET Group AB (publ)
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06/20Bulletin from extraordinary general meeting of GET Group AB (publ)
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GET Group controlled Rock Energy AS evaluating a comprehensive energy solution to the aquaculture industry

12/28/2021 | 07:01am EST

Rock Energy is evaluating unique comprehensive geothermal and circular bioenergy projects for use
in coastal aquaculture, as well as offer circular systems in an energy mix consisting of renewable
energy with limited footprint and increased sustainability.

Globally, there are between 100 and 200 companies planning annual production of up to 2.3 million
tons of salmon on land, of which about half is planned in Norway. This will almost double the current
total production in the sea of ​​about 2.7 million tons and require large amounts of energy. The
solution being evaluated by Rock Energy means that energy can be produced locally and will reduce
the burden on both existing and new establishments of infrastructure for energy deliveries.

Rock Energy AS specializes in the utilization of deep geothermal energy and possesses knowledge,
patents, as well as well and geotechnology that make it possible to utilize geothermal energy in an
efficient, industrial and sustainable way in the aquaculture industry, regardless of location and access
to power grids and infrastructure along Norwegian fjords.

"Our technology will be utilized for a new, holistic and unique energy concept. The solution is based
on offering the aquaculture industry energy, in the form of heat and electric power production",
says Lars Due, COO of Rock Energy.

Rock Energy is evaluating to install a number of facilities that are owned and operated through
various SPV companies (single purpose vehicles) where players in the aquaculture industry will also
have the opportunity to become co-owners. Each individual SPV will sell capacity and energy supply
to the aquaculture industry.

The information was submitted, through the agency of the below contact person, for publication on 28 December 2021, 13:00 CET.

For further information, please contact:

Lars Christian Beitnes, CEO

Telephone: +46 8 1220 4146

E-mail: lars.beitnes@getgroup.se

Investor Relations: ir@getgroup.se

About GET Group:
GET Group AB (publ) (ticker symbol: GETG) is an investment company focused on energy and sustainability. We are creating the world's most compelling listed ESG company, by owning and financing the unique technology companies that are committed to energy production and energy saving. Our mission is to actively contribute to the world's transition to sustainable energy.
GET Group AB (publ), c/o Mcon AB, Södra Larmgatan 4, SE-411 16 Gothenburg
www.getgroup.se | www.rock.energy | www.lightcircle.io

https://news.cision.com/get-group-ab/r/get-group-controlled-rock-energy-as-evaluating-a-comprehensive-energy-solution-to-the-aquaculture-in,c3479169

https://mb.cision.com/Main/15625/3479169/1515254.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about GET GROUP AB (PUBL)
07/01GET Group AB (publ) announces new strategy
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06/30Bulletin from Annual General Meeting in GET Group AB (publ)
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06/20Bulletin from extraordinary general meeting of GET Group AB (publ)
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06/10GET Group AB Reports Earnings Results for the Full Year Ended December 31, 2021
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06/09Get Group appoints new CEO
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05/31GET Group Interim Report Q1 2022
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05/31GET Group AB Reports Earnings Results for the First Quarter Ended March 31, 2022
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05/31Notice to attend the annual general meeting in GET Group AB (publ)
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05/30Notice to attend the extraordinary general meeting in GET Group AB (publ)
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Managers and Directors
Ole Dalan Chief Executive Officer & Director
Bruno Soutinho Chairman
Christian B÷rner Director
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