The Norwegian Directorate of Fisheries has informed Atlantis Subsea Farming AS (the "Company") that the Company's concept for submersible farms falls within the general scope of the scheme for awarding development fish-farming licenses, and that the Directorate now will consider the concept further with a view to award one or more licenses. The Company will now engage in a process with the Directorate of Fisheries were requested additional information will be provided, including target financial criteria for the concept. The Company is owned with equal stakes by AKVA group ASA, Sinkaberg-Hansen AS and Egersund Net AS.
Dated: November 26(th), 2016
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)