Scottish Salmon Company Plc: Update On The P/F Bakkafrost Mandatory Offer

 
TIDMSSC 
 
 
   Update on the P/F Bakkafrost mandatory offer for the depositary receipts 
and outstanding common shares in The Scottish Salmon Company Plc 
 
   Reference is made to the announcement from P/F Bakkafrost ("Bakkafrost") 
on 8 November 2019 of a mandatory offer for all of the depositary 
receipts (representing common shares) and the common shares not covered 
by depositary receipts in the Company which are not already owned by 
Bakkafrost. 
 
   The offer period for of the mandatory offer expired on 9 December 2019. 
During the offer period shareholders representing 24,585,445 shares in 
The Scottish Salmon Company have accepted the offer to sell their shares 
to Bakkafrost which will bring Bakkafrost's total ownership of The 
Scottish Salmon Company to 95.6%. 
 
   The settlement of the offer is expected to be on 13 December 2019. 
 
   For further information please contact: 
 
   Regin Jacobsen, CEO of P/F Bakkafrost: +298 235001 
 
   Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 235060 
 
   This information is subject to the disclosure requirements pursuant to 
section 5 -12 of the Norwegian Securities Trading Act.

(END) Dow Jones Newswires

December 10, 2019 13:51 ET (18:51 GMT)

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