Proximar Seafood conducts share placement, applies for listing on Euronext Growth Oslo exchange
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Bergen, Norway-based Proximar Seafood AS, which is seeking to build a recirculating aquaculture system facility in Japan that will raise up to 26,400 metric tons (MT) of Atlantic salmon in Yama, Japan, has initiated a private share placement of NOK 400 million (USD 47.3 million, EUR 39 million), with plans to list on the Euronext Growth Oslo exchange.
In a 21 January filing with Euronext, the company said it anticipated the first day of public trading of its shares to be on or around 3 February, 2021.
The company’s private placement includes more than 24 million shares at a subscription price of NOK 16.20 (USD 1.92, EUR 1.58) per share. That price values Proximar’s current value at approximately NOK 245 million (USD 29 million, EUR 23.9 million), based on its 15,096,290 shares currently outstanding.