AKVA group Denmark A/S, a wholly owned subsidiary of AKVA group ASA, has won a tender for delivery of a new smolt facility in Murmansk, Russia, to Russian Aquaculture Llc. The estimated value is EUR 11,9 million. The final contract is not yet concluded and are amongst others subject to financing and regulatory approvals in Russia.

Deliveries are estimated to commence from Q2 2020.

Dated: 20 June 2019

AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Hallvard Muri Chief Executive Officer
Phone:+47 51 77 85 00
Mobile:+47 91 58 07 50
E-mail:hmuri@akvagroup.com


Simon Nyquist MartinsenChief Financial Officer
Phone:+47 51 77 85 00
Mobile:+47 91 63 00 42
E-mail:snmartinsen@akvagroup.com


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