Today, the stock exchange bell was rung for Måsøval AS as the company was listed on Euronext Growth, Oslo Stock Exchange. “A milestone day for the company. Now the next chapter in our pioneering history begins,” says Lars Måsøval, owner and chairman of Måsøval AS.
Sistranda, June 17, 2021
Due to pandemic-related restrictions, management, employees, and owners were unfortunately unable to physically attend the stock exchange today. Stock Exchange Director Øyvind Amundsen had to ring the stock exchange bell alone.
Watch video with the Stock Exchange Director and Måsøval:
“The listing on Euronext Growth enables the company to realize numerous growth plans for the future. There was significant interest in participating in this growth, and the emission was fully subscribed,” says Måsøval.
Over the past week, Måsøval has successfully completed a NOK 825 million share issue. The three cornerstone investors Odin Forvaltning, Handelsbanken, and Songa Asset Management subscribed for a total of NOK 450 million.
“We thank both existing and all our new co-owners for their trust. This will be an exciting journey, where we shall continue the impressive growth that all our employees have contributed to in recent years. A solid foundation has been laid for further value creation, in an expanded perspective,” says CEO Asle Rønning.
Invest in nature – Investor relations
In connection with the listing, Måsøval has developed a complete Investor Relations section, where you can follow the company’s stock exchange announcements, reporting, share price development, and corporate governance.
“We will communicate transparently and frequently and have invested in a good platform for our investors and other stakeholders. Måsøval has already delivered a very comprehensive and content-rich annual report for 2020, and we look forward to engaging with all our new owners,” says CFO Gunnar Aftret of Måsøval AS.
About Måsøval AS:
Måsøval is one of the first companies to start fish farming in Norway in 1972 and is owned by brothers Lars and Anders Måsøval. Måsøval currently has 120 employees across locations in Frøya, Kristiansund, Aukra, and Hustadvika. In 2019, the company received four development licenses for the innovative Aqua Semi project, representing a potential production volume of 6,000 tonnes HOG. The ambition is to start construction of Aqua Semi in 2021.
