Atlantis Subsea Farming AS (the "Company") applied for 6 development licenses the 29th of January 2016. The Norwegian Directorate of Fisheries have informed the Company that the Company's concept has progressed another step further in the process to get awarded development licenses. The Directorate will go ahead with processing the application limited to 2 licenses, but have rejected the application in terms of the other 4 permits applied for. The Company will consider whether to appeal the decision or not. The Company is owned with equal stakes by AKVA group ASA, Sinkaberg-Hansen AS og Egersund Net AS.
Dated: March 12(th), 2017
AKVA group ASA
Trude Olafsen General Manager Atlantis Subsea Farming AS Phone: +47 51 77 85 00 Mobile: +47 915 57 400 E-mail: TOlafsen@akvagroup.com
Hallvard Muri Chief Executive Officer Phone: +47 51 77 85 00 Mobile: +47 915 80 750 E-mail: HMuri@akvagroup.com
This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)