Kurs & Likviditet
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
2023-02-23 13:47:42
On February 23, 2023 at approximately 9:30 AM CEST, a fire broke out at a
construction site of Arctic Smolt, the smolt production company in Iceland of
Arctic Fish and is owned by Arctic Fish Holding AS (Arctic Fish). While all
employees have been accounted for, both the staff of Arctic Smolt as well as the
staff of the contractors, three employees of the contractors needed medical
attention for minor injuries. The fire is ongoing, and the fire department is
handling the situation.
The Company expects the construction site and progress to be impacted by the
fire and the material impact on the already existing uncomplete structure is not
clear yet, but the progress plan and construction plans will be impacted by this
incident. The cause of the fire is currently unknown. At this point in time
there is no impact expected on the production plans and smolt production targets
of 2023 and 2024 nor are the other existing buildings impacted by the incident.
The ongoing construction is insured against fire.
The Company will provide additional updates as more information becomes
available.
For further information, please contact:
CFO Neil Shiran Thorisson, +354 8315300
Arctic Fish in brief
Arctic Fish (AFISH) has 27 100 tonnes of Maximum Allowed Biomass licenses (MAB)
to farm salmon and trout. The licenses are in the Westfjords of Iceland. Out of
the total license volume, 5,300 tonnes are for trout, which are not currently
being utilized and will be converted to salmon licenses in the ongoing
application process. Arctic Fish is one of the leading salmon farmers in Iceland
and has an attractive and sustainable setup of licenses with active licenses in
4 fjords and applications being finalized in one additional fjord that can bring
the total volume up to 31,900 tonnes in the coming years. The company owns a
state-of-the-art RAS hatching and smolt production that is the foundation of the
operations. Further investments are being made in smolt production and
harvesting that will contribute to the future growth of the company.