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An announcement from Arctic Fish Holding AS ( (DE:6TW) ) is now available.
Arctic Fish Holding AS announced a private placement of EUR 35 million through the issuance of 13,128,300 new shares, with major shareholders Mowi ASA and Síldarvinnslan hf. pre-committing to subscribe for all the shares. Mowi ASA will convert EUR 21 million of the company’s debt into equity as part of the transaction. The completion of this private placement is contingent upon approval at an extraordinary general meeting on 4 September 2025 and subsequent registration with the Norwegian Register of Business Enterprises. This move is expected to strengthen Arctic Fish’s financial position and support its growth objectives.
More about Arctic Fish Holding AS
Arctic Fish (AFISH) is a leading salmon farmer in Iceland, focusing on a sustainable value chain from smolt to sales. The company has a production capacity of 29,800 tonnes MAB and operates in 10 farming areas across 5 fjords in the Westfjords of Iceland. Their operations include a modern RAS hatching and smolt production facility, high-capacity sea sites, and a newly completed harvesting facility.
Average Trading Volume: 3,768
Current Market Cap: NOK1.01B
For detailed information about 6TW stock, go to TipRanks’ Stock Analysis page.