Salmon Evolution has raised gross proceeds of NOK 411.3 million (€37.8 million) through a private placement and retail offering of new shares.
The company placed 89 million new shares in the private placement, raising NOK 400.5 million (€36.8 million). A further 2.4 million shares were allocated through the retail offering, raising NOK 10.8 million (€1.0 million).
Both offerings were priced at NOK 4.50 per share.
The company said settlement of the private placement is expected on or around 4 May 2026, with the new shares expected to become tradable after registration of the share capital increases.
Following registration, Salmon Evolution’s issued share capital is expected to comprise 554,003,306 shares.
The board has also proposed a subsequent offering of up to 11.1 million new shares at the same offer price, which could raise up to NOK 50 million (€4.6 million). The offering would be directed at eligible existing shareholders who were not allocated shares in the private placement.
The subscription period for any subsequent offering is expected to begin after publication of a prospectus, currently expected in June 2026.
Arctic Securities, DNB Carnegie and Nordea acted as managers for the private placement.