Bergen, 8 June 2026: Grieg Seafood ASA (the "Company") has mandated Nordea as Dealer Manager and Tender Agent, and Manager to arrange a series of fixed income investor meetings, commencing today, Monday, 8 June 2026. Subject to, inter alia, market conditions, a NC4 perpetual green hybrid bond with an issue size of up to NOK 750 million, may follow.
In conjunction with the contemplated new bond issue, the Company is offering holders of the Company's outstanding perpetual green hybrid bonds due 2029 with an outstanding amount of approximately NOK 1,904 million (ISIN: NO0013498584) (the "Existing Bonds") to tender any and all of their Existing Bonds at a price of 105.75 per cent. of the nominal amount, plus accrued and unpaid interest (the "Tender Offer").
The Existing Bonds will be repurchased subject to terms and conditions described in the tender information document dated 8 June 2026 (the "Tender Information Document") as attached to this press release. The Tender Offer expires on 12 June 2026 at 12:00 CEST.
Furthermore, following the expiry of the Tender Offer, the Company intends an early redemption of any then still outstanding Existing Bond pursuant to the terms of the Existing Bonds, i.e. Clause 10.6 (Replacement Capital Event) at 105.00 per cent. or Clause 10.3 (Substantial Repurchase Event) at 100.00 per cent.
For further enquiries, please contact:
Magnus Johannesen, CFO
Cell phone +47 959 13 243
About Grieg Seafood ASA
Grieg Seafood ASA is one of the world's leading salmon farmers. Our farms are located in Rogaland in Norway with our headquarter in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007.
Sustainable farming practices are the foundation of Grieg Seafood's operations. The lowest possible environmental impact and the best possible fish welfare is both an ethical responsibility and drive economic profitability.
To learn more, please visit www.griegseafood.com
The information included in this announcement is publicly disclosed in accordance with section 5-12 of the Norwegian Securities Trading Act.