Geveran Trading Co. Limited ("Geveran"), a company indirectly controlled by
trusts established by Mr John Fredriksen for the benefit of his immediate
family, has on March 6, 2020 settled Total Return Swap ("TRS") agreements with
underlying exposure to 4,000,000 shares in Mowi ASA ("Mowi").
Geveran has on March 6, 2020 also sold 262,316 shares in Mowi at a price of NOK
187.65 per share, and entered into a new TRS agreement underlying 4,000,000
shares. Expiry date for the TRS agreement is June 8, 2020, and new TRS price is
NOK 188.7817 per share.
Geveran's affiliated ownership in Mowi is following these transactions
74,289,287 shares, equal to 14.37 percent of the issued shares and votes in the
company, and holds TRS agreements with underlying exposure to 4,000,000 shares.
Geveran does not hold other shares or rights to shares in Mowi. This disclosure
is made pursuant to section 4-2 of the Norwegian Securities Trading Act.
Click here for more information
© Oslo Bors ASA, source Oslo Stock Exchange