Bodø,14 June 2024 : Reference is made to the stock exchange announcement byGigante Salmon AS (the "Company") on13 June 2024 regarding a successfully completed private placement of new shares in the Company (the "Private Placement"). Gigante Havbruk AS has agreed to lend existing and unencumbered shares in the Company, already being traded on Euronext Growth Oslo, toSpareBank 1 Markets AS (the "Manager") for the Private Placement. Borrowed shares will be used for settlement towards investors having been allocated shares in the Private Placement and redelivered to Gigante Havbruk AS upon registration of the share capital increase pertaining to the Private Placement. Pursuant to the share lending agreement, the Manager has borrowed a total of 14,615,384 shares from Gigante Havbruk AS to settle the Private Placement. Gigante Havbruk AS is a company closely associated withKjell Lorentsen , CEO of the Company, andKristian Lorentsen , board member of the Company. Primary insider notification pursuant to the Market Abuse Regulation article 19 is attached. This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 and the Norwegian Securities Trading Act section 5-12.
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