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Andfjord Salmon AS Announces Private Placement to Raise NOK 600 Million

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Andfjord Salmon AS Announces Private Placement to Raise NOK 600 Million

Andfjord Salmon AS ( (DE:50R) ) has shared an update.

Andfjord Salmon AS has announced an extraordinary general meeting to discuss a private placement of 17,142,858 new shares, raising approximately NOK 600 million. This capital will support the company’s Phase 2 construction at Kvalnes, optimize fish logistics, and prepare for regulatory changes, enhancing production output and reducing completion risks.

More about Andfjord Salmon AS

Andfjord Salmon AS operates in the aquaculture industry, focusing on sustainable salmon farming. The company is engaged in the production and sale of salmon, with a market focus on optimizing production processes and adhering to regulatory standards.

YTD Price Performance: -5.09%

Average Trading Volume: 40

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €221.6M

Learn more about 50R stock on TipRanks’ Stock Analysis page.

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