03 Nov 2022 10:47 CET

Issuer

Måsøval AS

3.11.2022 10:47:50 CET | Måsøval AS | Non-regulatory press releases

In 2019 Måsøval received 4 development licenses to develop the concept Aqua
Semi. Aqua Semi is designed to open up new areas for salmon farming, reduce lice
and disease contagion and improve fish health..

The pre-project is now finalised and the unit is ready to be built.

The governments proposed resource tax on aquaculture represent an unacceptable
risk for the project. Måsøval AS has therefore decided to postpone a decision to
start the project,

The company regrets the consequences this will have for the projects suppliers.

CONTACTS

* Gunnar Aftret, CFO, +4791377389, gunnar@masoval.no

ABOUT MÅSØVAL AS

Måsøval is an integrated producer of Atlantic salmon with more than 50 years of
operational experience. Located in Central Norway in the region west of
Trondheim, Måsøval has both significant farming operations at sea and inhouse
smolt production. Through its majority ownership in the processing and
distribution company Pure Norwegian Seafood AS, Måsøval is processing and
exporting high quality Atlantic salmon to a global marketplace.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847731/1847/2522/Download%20announcement
%20as%20PDF.pdf


574642_en_Download announcement as PDF.pdf

Source

Måsøval AS

Provider

Oslo Børs Newspoint

Company Name

MÅSØVAL AS

ISIN

NO0010974983

Symbol

MAS

Market

Euronext Growth