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AKVA group ASA MANDATORY NOTIFICATION OF TRADE


In connection with the rights issue in AKVA group ASA of 8 611 434 shares at a subscription price of NOK 11.00 announced on 24 May 2011, AKVA group ASA issues this notice on behalf of the primary insiders Trond Williksen who is Chief Executive officer, Trond Severinsen who is Chief Marketing Officer, Per Andreas Hjetland who is Chief Operating Officer and Arve Ouff who is Group controller in the company.

 

Trond Williksen has purchased 17 000 subscription rights for NOK 0.01 per right and subsequently subscribed 17 000 shares in AKVA group ASA for NOK 11.00 per share pursuant to subscription rights held. Trond Williksen will own in total 40 000 shares when the subscribed shares have been issued, and holds 120 000 options in AKVA group ASA as of 20th June 2011.

 

Trond Severinsen has subscribed 7 475 shares in AKVA group ASA for NOK 11.00 per share pursuant to subscription rights held. Trond Severinsen will own in total 22 425 shares when the subscribed shares have been issued, and holds 56 678 options in AKVA group ASA as of 20th June 2011.

 

Per Andreas Hjetland has purchased 2 500 shares in AKVA group ASA for NOK 11.50 per share, and holds 2 500 shares per 20th June 2011.

 

Riomar AS, which is a company owned by a related to Arve Ouff, has subscribed 1 900 shares in AKVA group ASA for NOK 11.00 per share pursuant to subscription rights held. Riomar AS will own in total 30 050 shares when the subscribed shares have been issued, and Arve Ouff holds 14 170 options in AKVA group ASA as of 20th June 2011.

 

The shares subscribed in the rights and allocated in the rights offering are expected to be issued on or about 5 July 2011.

 

 

Bryne, 20th June 2011
AKVA group ASA

 

Web: www.akvagroup.com

 

 

CONTACTS:

 

 

Trond Williksen Chief Executive Officer
Phone: +47 51 77 85 00
Mobile: +47 91 63 01 73
E-mail: twilliksen@akvagroup.com

 

 

Morten Nærland Chief Financial Officer
Phone: +47 51 77 85 00
Mobile: +47 91 80 40 32
E-mail: mnaerland@akvagroup.com

 

 

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AKVA group is the leading provider of technology to the global fish farming industry and the only with global distribution. The products consist of software systems, operational equipment and sensor systems, feed systems, cage systems, net cleaning systems, light systems and recirculation aquaculture systems.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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