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In accordance with the authorization granted by the AGM on 6 June 2024, the board of directors of SalMar ASA has decided to establish a share-based incentive scheme (Restricted Share Unit Plan) for senior executives and key personnel employed by the company and its subsidiaries. The scheme encompasses up to 300 000 shares and has a duration of three years. The company's liability with respect to the scheme will be met through existing holdings of treasury shares. As of 19 December 2024, SalMar ASA holds 114 554 treasury shares.
Reference is made to the stock exchange announcement published by SalMar ASA ("the Company") on 19 November 2024 regarding the release of shares to participants in the Company's RSU program, and the participants ordering a third party to immediately sell a portion of the received shares in order to cover the tax liability.
1. Participants in the Company's RSU program have on November 19th 2024, settled a total number of 155 752 RSUs. Following the release, 155 752 shares will be transferred from the Company's holding of own shares. Subsequent to the transaction the Company holds 114 554 own shares.
“Although the results are affected by challenges at sea, the results also show that the structure we have at SalMar is solid and rigged to handle challenging periods, which makes the financial results acceptable during the period. Going forward, we are fully focused on improving performance and realizing the potential we see in the value chain”, says Frode Arntsen, CEO of SalMar ASA.
Consolidated harvest volumes in Q3 2024 are:
Farming Central Norway: 38.2
Farming Northern Norway: 18.3
SalMar Aker Ocean: 2.1
Icelandic Salmon: 1.8
Total: 60.3
Reference is made to the stock exchange notice sent Tuesday 10 September 2024.
SalMar ASA (rated BBB+ by Nordic Credit Rating) has completed a NOK 500,000,000
tap issue of its commercial paper NO0013334847 to a total outstanding amount of NOK 1 bn.
Settlement date: 13 September 2024
Maturity date: 13 March 2025
Coupon: 5.13 % p.a.
Manager: DNB Markets
SalMar ASA (rated BBB+ by Nordic Credit Rating) has issued a new commercial
paper of NOK 500,000,000.
Issue date: 13 September 2024
Maturity date: 13 March 2025
Coupon: 5.13 % p.a.
Manager: DNB Markets
“SalMar showed solid operational performance, improved biological results and delivered acceptable financial results in a period marked by the aftermath of a challenging winter season. Strong commitment from all segments has resulted in a positive development of key performance indicators.” said Frode Arntsen, CEO of SalMar ASA.
SalMar presents results for the second quarter 2024 on Tuesday 20 August 2024 at 08:00 CEST. The presentation will be held at Hotel Continental in Stortingsgaten 24/26 in Oslo.
Consolidated harvest volumes in Q2 2024 are:
Farming Central Norway: 27.1
Farming Northern Norway: 17.0
SalMar Aker Ocean: 0
Icelandic Salmon: 0.7
Total: 44.8