Reference is made to the stock exchange announcement from Grieg Seafood ASA (the "Company") released on 7 February 2020 regarding the acquisition of Grieg Newfoundland AS (the "Transaction") as well as to the stock exchange announcement from the Company released on 27 March 2020 regarding a direct private placement in connection with the Transaction. Due to the delay of certain confirmations, the parties have agreed to prolong the long stop date for the Transaction by 14 calendar days

For more information, contact:

Andreas Kvame, CEO, Grieg Seafood ASA
+47 90 77 14 41
andreas.kvame@griegseafood.com

 Atle Harald Sandtorv, CFO, Grieg Seafood ASA
+47 90 84 52 52
atle.harald.sandtorv@griegseafood.com


About Grieg Seafood

Grieg Seafood ASA is one of the world's leading salmon farmers, specializing in Atlantic salmon. The Group has a production target of 100 000 tonnes gutted weight in 2020. Our farming facilities are in Finnmark and Rogaland in Norway, British Columbia in Canada and Shetland in the UK. Approximately 818 people are employed by the Group. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007. Our headquarters are situated in Bergen, Norway.  The business development of Grieg Seafood ASA focuses on profitable growth, sustainable use of the ocean and being the preferred supplier to selected customers. To learn more, please visit www.griegseafood.com.


This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act