13 November 2023: Reference is made to the Proximar Seafood AS (the "Company") convertible bond with ISIN NO0012733387 (the "Bonds") issued on 25 October 2022.
The Company has received conversion notices for a total of 700,000 Bonds, which pursuant to the bond terms are convertible into 140,000 new shares in the Company at a conversion price of NOK 5.
Further and following completion of such conversion, including registration of the share capital increase in the Norwegian Register of Business Enterprises (Norwegian: Foretaksregisteret) pertaining to the conversion, the Company's share capital will be increased by NOK 14,000 by issue of 140,000 new shares into a share capital of NOK 5,967,278 consisting of 59,672,780 shares each with a par value of NOK 0.1.
This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
Ole Chr. Willumsen, CFO, +47 48 21 34 29, ocw@proximar.com