09:31
Rørvik, 23. November 2020



Reference is made to todays announcement by NTS ASA (NTS) under the ticker

NTS regarding the share purchase agreements with Måsøval Eiendom AS and

Måsøval Fishfarm AS (hereof Måsøval) with regards to shares in Norway Royal

Salmon ASA (NRS) and Havbruksinvest AS (Havbruksinvest) settled with Ice

Fish Farm AS (ICE) shares.



Midt-Norsk Havbruk AS (MNH), a 100% owned subsidiary of NTS, has today signed

two share purchase agreements with Måsøval regarding sale of 30 020 121 shares

in ICE, corresponding to 55,59% of the total outstanding shares and voting

rights in ICE, receiving (i) 5.573.111 in NRS and (ii) 1.051 shares in

Havbruksinvest.



In addition to the shares above, in the event that Ice by 31.12.2022 has farming

permits of at least 24 000 tonnes (including existing permits, MNH will receive

an additional payment of NOK 150 million.



The Transaction is done at NOK 43.45 per ICE share. Following the Transaction,

MNH will no longer hold any shares in ICE.



NTS is represented in the Board of Directors of ICE, through its ownership in

MNH, and is therefore obliged, under the Merkur Market reporting requirements

paragraph 6.2, to notify the Transaction.



https://newsweb.oslobors.no/message/518693


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