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 – private placement successfully completed |
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Reference is made to Marine Farms ASA’s (“MAFA”) announcement regarding a planned private placement on the 3rd of July 2006. The private placement is now completed, and the Board of Marine Farms has allocated a total of 12.7 million new shares, at a subscription price of NOK 7.0 per share, corresponding to total gross private placement proceeds of MNOK 88.9. The private placement was approximately 2.7 times oversubscribed and the Board of Marine Farms is very pleased with the response from both Norwegian and international investors and shareholders. Upon registration of the private placement, the number of shares in Marine Farms ASA, each with a par value of NOK 1.0, will increase from 50,816,005 to 63,516,005. The proceeds from the private placement shall be used to finance Spanish seabass/seabream investments, hereunder the acquisition of the remaining 80% of PIAGUA (c.f. OTC-announcement dated the 3rd of July 2006). The private placement was managed by ABG Sundal Collier Norge ASA. Bergen, 5th of July 2006 Marine Farms ASA, Board of Directors For further information, please contact Bjørn Myrseth or Pål Angell-Hansen: Tel: +47 55 90 44 70 -mail: bjo This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it |
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