« Back

Disclosure of Shareholding

Reference is made to the notification on 16 June 2009 in relation to the notice given by Grieg Holdings AS to convert the bond loan in Grieg Seafood ASA ("Grieg Seafood" or "The Company") in accordance with the loan agreement.

The share capital increase in connection with the conversion of NOK 59,000,000, in The 8 % Grieg Seafood ASA Subordinated Convertible Bond Issue 2009/2010, in accordance with the terms in the loan agreement has now been registered. Grieg Holdings AS will after the conversion of the convertible bond loan, hold a total of 48,478,010 shares in The Company, corresponding to 53,0% of share capital of The Company.

Grieg Holdings AS will hold shares corresponding to 44,9% of the share capital of The Company, taking into consideration the notice given by Frode Teigen on 16 June in respect of conversion of the bond loan as well as the new share issue which was notified on 10 June 2009.

After this conversion, Grieg Holdings will not hold any further convertible bonds in The Company.