Sjøtroll Havbruk AS, a subsidiary of Lerøy Seafood Group ASA (ownership: 50.71%), has signed an agreement together with the other shareholders of SalmoBreed AS with Benchmark Holdings plc (a publicly listed company) regarding the sale of all the shares in SalmoBreed AS. On demand by the purchaser, the agreement is contingent upon the execution of a private placement to form part of the purchaser's financing package for the purchase of the shares. The transaction is expected to be concluded in mid December 2014 and will generate a gain for Sjøtroll Havbruk AS in the region of NOK 40 million after tax.
Questions and comments may be addressed to the company's CFO Sjur S. Malm.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.