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AKVA group ASA: Information regarding development licenses


Atlantis Subsea Farming AS (the "Company") applied for 6 development licenses the 29th of January 2016. On March 10th 2017, The Norwegian Directorate of Fisheries informed the Company that the Company's concept had progressed another step further in the process to get awarded development licenses.  Further, The Directorate informed that they would go ahead with processing the application limited to 2 licenses, but did reject the application in terms of the other 4 permits applied for. The Company have considered the feedback from The Directorate, and has decided to appeal the decision. The appeal is limited to the rejection of 2 of the 4, rejected licenses. The appeal will be submitted to The Directorate today.     
     
Dated: May 9(th), 2017
 
AKVA group ASA
Web: www.akvagroup.com

CONTACTS:
  Trude Olafsen               General Manager Atlantis Subsea Farming AS
  Phone:                         +47 51 77 85 00
  Mobile:                         +47 91 55 74 00
  E-mail:                         TOlafsen@akvagroup.com
 
 Hallvard Muri                  Chief Executive Officer
  Phone:                         +47 51 77 85 00
  Mobile:                         +47 91 58 07 50
  E-mail:                         HMuri@akvagroup.com

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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

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