Key information relating to a potential Subsequent Offering to be carried out by Norcod AS

14 Apr 2023 18:05 CEST

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED
STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER
OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Key information relating to a potential Subsequent Offering to be carried out by
Norcod AS
Trondheim, 14 April 2023 – Reference is made to the stock exchange notice from
Norcod AS (the “Company”) on 14 April 2023 regarding the successful completion
of a private placement of 6,349,612 new shares in the Company at a subscription
price of NOK 30 per share (the “Offer Price”) raising gross proceeds of NOK
190,488,360 million (the “Private Placement”) and a potential subsequent
offering of new shares at a price equal to the Offer Price (the “Subsequent
Offering”).

In accordance with the continuing obligations of companies listed on Euronext
Growth Oslo, the following key information is given with respect to the
Subsequent Offering:
Date of announcement of the potential Subsequent Offering 13 April 2023
Last day of trading including right to participate in Subsequent Offering 13
April 2023
First Date of trading excluding right to participate in Subsequent Offering 14
April 2023
Record Date 17 April 2023
Date of approval On or about 24 April 2023
Maximum number of new shares 1,333,333
Subscription price NOK 30

For further information, please contact:
Christian Riber, Chief Executive Officer, phone: +47 905 37 990, E-mail:
cr@norcod.no

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and the EU Market Abuse Regulation
(MAR).
This stock exchange announcement was published by Arne Kristian Hoset (CFO), on
14 April 2023 at 18:05 CET.
About Norcod:
Norcod AS’ core business is commercial sea farming of cod but through ownership
and partnerships is involved in the entire value chain. Norcod’s existing fish
farms are located in Mid-Norway with ideal conditions for cod. The company is
contributing to blue ocean value creation with minimal impact on the environment
while supporting local communities. Norcod is listed on Oslo’s Euronext Growth
market.

More information:
Access the news on Oslo Bors NewsWeb site

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