After Mowi´s completion of the acquisition of the 51,28% of shares in Arctic Fish, the new majority shareholder has called for an Extraordinary General Meeting with the agenda of electing new board members, as proposed in the following.
The proposal is to replace Bjorn Kleven and Charles Høstlund as board members, to be replaced by Ivan Vindheim and Øyvind Oaland. Other board members that will continue as board members were elected at the EGM on the 18th of July 2022 are Svein Sivertsen, Hildur Arnadottir, and Gunnthor Ingvason.
New board members are elected until the general meeting 2024 with the same period as the board members that will continue in the board.
The extraordinary general meeting of Arctic Fish Holding AS will be held on 6 January 2023 at 14:00 hours (CET). The notice of the extraordinary general meeting is attached, and all relevant documents can be found at www.arcticfish.is/sign-up/.
The annual general meeting will be held electronically through Microsoft Teams. To participate virtually, please use the following link to sign up for the meeting: www.arcticfish.is/sign-up/.
Required information for access to the electronic meeting is attendee name, shareholder, email, and number of shares. Shareholders who wish to virtually attend the extraordinary general meeting with a proxy have to register this no later than 5 January 2023 at 16:00 hours (CET) through the form presented on the website as described above.
For further information, please contact:
CFO Neil Shiran Thorisson, +354 8315300
Arctic Fish in brief
Arctic Fish (AFISH) has 27 100 tonnes of Maximum Allowed Biomass licenses (MAB) to farm salmon and trout. The licenses are in the Westfjords of Iceland. Out of the total license volume, 5,300 tonnes are for trout, which are not currently being utilized and will be converted to salmon licenses in the ongoing application process. Arctic Fish is one of the leading salmon farmers in Iceland and has an attractive and sustainable setup of licenses with active licenses in 4 fjords and applications being finalized in one additional fjord that can bring the total volume up to 31,900 tonnes in the coming years. The company owns a state-of-the-art RAS hatching and smolt production that is the foundation of the operations. Further investments are being made in smolt production and harvesting that will contribute to the future growth of the company.