Proximar Seafood AS – Convertible bond issue update: Covered book and deal size set to NOK 250m with updated terms

17 October 2022 – Reference is made to the stock exchange notices on 6 October 2022 and 12 October 2022 regarding the contemplated convertible bond issue in Proximar Seafood AS (the “Company”). The Company and the joint bookrunners have received subscriptions that covers the total convertible bond size of NOK 250 million, including a subscription from a large Japanese strategic investor.

The size of the convertible bond is set to NOK 250 million. The conversion price of the convertible bond is lowered from NOK 6 per share to NOK 5 per share.

The application period for the convertible bond issue will close today 17 October 2022 at 16:00 CEST with settlement date expected the 27 October 2022.



For more information, contact:
Pål K. Grimsrud, CFO, Proximar Seafood AS
Tel: +47 99477599
Email: pkg@proximar.com