Salmon Evolution Raises NOK 411 Million in Share Issues and Plans Subsequent Offering

Salmon Evolution ASA ( (DE:60E) ) has provided an update.

Salmon Evolution ASA, a Norwegian land-based salmon farming specialist, is expanding from its operational hub at Indre Harøy on the country’s west coast, leveraging its hybrid flow-through technology to scale production in the global aquaculture market. Listed on Oslo Børs under ticker SALME, the company positions itself as a biology-focused producer aiming to mitigate operational and biological risk while growing its footprint in salmon farming.

The company has completed a private placement and a retail offering, raising a total of NOK 411.3 million through the issuance of 91.4 million new shares at NOK 4.50 each. Board members and senior management participated significantly in the private placement, and following the capital increase Salmon Evolution’s share capital will rise to NOK 27.7 million, with 554,003,306 shares outstanding.

Settlement of the new shares is expected in early May 2026, subject to pre-funding arrangements and registration of the capital increase with the Norwegian authorities and the VPS. The board also plans to propose a subsequent offering of up to 11,111,111 additional shares, potentially raising about NOK 50 million for eligible shareholders who were not allocated shares in the private placement, underscoring an effort to balance rapid financing with equal treatment considerations.

The most recent analyst rating on (DE:60E) stock is a Buy with a NOK6.70 price target. To see the full list of analyst forecasts on Salmon Evolution ASA stock, see the DE:60E Stock Forecast page.

More about Salmon Evolution ASA

Salmon Evolution ASA is a global leader in land-based salmon farming, using its proprietary hybrid flow-through system to combine benefits of land and sea-based aquaculture while prioritizing biological risk management. The company operates its first large-scale facility and global centre of excellence at Indre Harøy on Norway’s west coast and is listed on Oslo Børs under the ticker SALME, targeting significant further expansion in the aquaculture industry.

Average Trading Volume: 758,197

Current Market Cap: NOK2.26B

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