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Andfjord Salmon Completes Successful Subsequent Offering

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Andfjord Salmon Completes Successful Subsequent Offering

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Andfjord Salmon AS ( (DE:50R) ) has shared an update.

Andfjord Salmon has successfully completed its Subsequent Offering, raising NOK 405,720 through the issuance of 11,592 new shares at NOK 35.00 each. This capital increase is expected to enhance the company’s financial position and support its sustainable aquaculture operations, with the share capital registration anticipated by mid-April 2025.

More about Andfjord Salmon AS

Andfjord Salmon, located on Andøya in Norway’s Vesterålen, is pioneering a sustainable and fish-friendly aquaculture facility. The company uses a unique flow-through system that merges ocean and land-based salmon farming techniques, achieving high survival rates and efficient feed conversion.

YTD Price Performance: -10.24%

Average Trading Volume: 78

Technical Sentiment Signal: Buy

Current Market Cap: €259.6M

Find detailed analytics on 50R stock on TipRanks’ Stock Analysis page.

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