Miami, FL, 13 October 2026
Following completion of the compulsory acquisition of the remaining shares in
Atlantic Sapphire ASA (the "Company") by Coral HoldCo AS as announced earlier
today, an extraordinary general meeting of the Company was held on 13 October
2026.
All agenda items were approved, including resolutions regarding (i) the
delisting of the Company's issued shares and warrants from Euronext Oslo Børs,
(ii) the conversion of the Company from a public limited liability company (Nw.:
allmennaksjeselskap) to a private limited liability company (Nw.: aksjeselskap),
(iii) the election of a new board of directors, (iv) the dissolution of the
nomination committee, and (v) changes to the Company's articles of association.
Following a delisting, the warrants will otherwise remain outstanding in
accordance with their terms until expiry on 14 December 2026.
The minutes from the general meeting are attached to this announcement.
For further information, please contact:
Gunnar Aasbo-Skinderhaug Atlantic Sapphire ASA, Deputy CEO/ CFO
Email: gunnar@atlanticsapphire.com
investorrelations@atlanticsapphire.com
About Atlantic Sapphire ASA
Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming,
locally, and transforming protein production, globally. Atlantic Sapphire
operated its innovation center in Denmark from 2011 until 2021 with a strong
focus on R&D and innovation to equip the Company with the technology and
procedures that enable the Company to commercially scale up production in end
markets close to the consumer. In the US, the Company holds the requisite
permits and patents to construct its Bluehouse® in an ideal location in
Homestead, Florida, just south of Miami. The Company's Phase 1 facility is in
operation, which provides the capacity to harvest up to approximately
7,500-8,500 tons (HOG) of salmon annually. The Company completed its first
commercial harvest in the US in September 2020. Atlantic Sapphire's Phase 2
expansion, will bring total annual production capacity to 25,000 tons and the
Company has a long-term targeted harvest volume of >100,000 tons.
This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation and the Norwegian Securities Trading Act section 5-12.
This stock exchange release was published by Gunnar Aasbø-Skinderhaug, at the
time and date set out above.
by Gunnar Aasbø-Skinderhaug\, at the\
time and date set out above.\