Contact information
Marine Farms ASA
Postboks 2032, Nordnes
5817 Bergen
Norway
Phone: +47 55 90 44 70
Fax: +47 55 23 46 45
NO 930 501 778 MVA
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| Marine Farms ASA – will apply for a stock listing on Oslo Stock Exchange |
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The Board of Directors of Marine Farms ASA has decided to apply for a stock listing on the Oslo Stock Exchange. The company has already done some preparations and will immediately start the application process. Parallel to this process, the Board of Directors of Marine Farms ASA will continuously evaluate possible acquisitions or other strategic initiatives that may increase shareholders value going forward. ABG Sundal Collier will be the company’s financial advisor and manager for the stock exchange listing. Marine Farms ASA has been involved in the fish farming business since 1976 and has considerable knowledge of all aspects of fish farming, from broodfish to the finished product. The operation today mainly consists of salmon farming in the U.K. and seabass / seabream in Spain. These activities are run through the 100% owned companies Lakeland (U.K.) and Culmarex (Spain), both being fully integrated companies and among the most profitable in their respective markets. In addition, Marine Farms ASA is engaged in farming of the fast growing marine species cobia in America (Florida and Belize) and in Vietnam, as well as a cod hatchery in the U.K. Revenue for 2005 ended at approximately NOK 450 mill and the company had some 265 employees at the end of the year. The company is listed on the OTC-list under the ticker MAFA and will apply for a stock listing on the Oslo Stock Exchange in 2006. Bergen, 9th of March 2006 Marine Farms ASA Contact details: Bjørn Myrseth, CEO: tel: +47 55 90 44 70 / + 47 90 55 49 63 / This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Pål Angell-Hansen, CFO: tel: +47 55 90 44 70 / + 47 91 57 81 73 / This e-mail address is being protected from spam bots, you need JavaScript enabled to view it |
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