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Proximar Seafood AS ( (DE:84Q) ) has provided an update.
Proximar Seafood has updated its share option scheme following approval at an extraordinary general meeting, issuing 17,742,738 new options while allowing 3,590,000 existing vested and unvested options to lapse. The new options, priced at NOK 0.90 and vesting in three equal annual tranches from November 2026, significantly increase equity-based incentives for key management and staff, with CEO Joachim Nielsen receiving the largest allocation, followed by other senior executives and key employees. The move underscores the company’s effort to align management incentives with long-term shareholder value as it scales up operations in land-based salmon farming in Japan and seeks to strengthen its competitive position in the premium fresh Atlantic salmon market.
More about Proximar Seafood AS
Proximar Seafood AS is a Norwegian land-based salmon farming company with its first production facility located at the foot of Mount Fuji in Japan. Using high-quality groundwater sourced near Mount Fuji, it produces fresh Atlantic salmon harvested the same day, marketed under the Fuji Atlantic Salmon brand launched in partnership with Marubeni Corporation in Tokyo. Its proximity to one of the world’s most important fish markets provides cost and carbon-footprint advantages in supplying fresh salmon to the Japanese and regional markets.
Average Trading Volume: 1,126,734
Current Market Cap: NOK358M
For a thorough assessment of 84Q stock, go to TipRanks’ Stock Analysis page.