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AKVA group ASA - MANDATORY NOTIFICATION OF TRADE


NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

Reference is made to the rights issue in AKVA group with the subscription period expiring Friday 17th of June. As reported by the company the allocation of shares has today been approved by the Board of AKVA group. The following primary insiders were allocated shares in AKVA group ASA in accordance with their subscriptions pursuant to subscription rights held as reported on 20th of June 2011:

 

Trond Williksen has been allocated 17,000 shares. New holding will be 40,000 shares when the new shares have been issued and 120 000 options as of 23rd of June 2011.

Trond Severinsen has been allocated 7,475 shares. New holding will be 22,425 shares when the new shares have been issued and 56 678 options as of 23rd of June 2011.

Riomar AS, a company owned by a related to Arve Ouff, has been allocated 1,900 shares. 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 23rd of June 2011.

 

 

Bryne, 23rd 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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