P/F Bakkafrost ("Bakkafrost") has, today, initiated a compulsory acquisition of the shares in
The compensation offered by Bakkafrost is
The holders of the Equity Instruments subject to the compulsory acquisition can, within the date six weeks from today (
(a) Bakkafrost shall not be entitled and bound to acquire the remaining Equity Instruments; or
(b) specifies terms of acquisition different from those offered by Bakkafrost.
If no such order is made by the end of the six week period, Bakkafrost shall so notify the Company and make payment of the compensation to the Company. The Company will then record Bakkafrost as the owner of the Equity Instruments and arrange for payment thereof to each recipient of the compensation.
Holders of depositary receipts will receive such settlement amount to the NOK account recorded on their VPS account.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
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