Barramundi Group ready for Oslo listing – Fish Farmer Magazine
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The Australian aquaculture company, the Barramundi group, plans to list its shares on the Euronext Growth Oslo stock exchange.
If the listing goes through, Barramundi would be the first Australasian company, as well as the first player in aquaculture specializing in a tropical species, to be listed on the Oslo Stock Exchange.
The company is one of the largest barramundi producers in the world, operating through a unique end-to-end aquaculture model, with comprehensive in-house capabilities ranging from vaccine development, innovation and product transformation. , at hatchery facilities.
Barramundi operates three ocean farm sites located in Australasia, from which it plans to more than double its capacity over the next five years. It also operates sites in Singapore and Brunei. Its chilled barramundi products are marketed under several brands, including Kuhlbarra, Fassler Gourmet and Cone Bay Ocean Barramundi.
Mr Andreas von Scholten, CEO of Barramundi Group, said: âThis listing is an important step for Barramundi Group as it marks the first step in our transformational growth plan. The organic developments that we have been able to build thanks to the engagement of clients and intermediaries of global brands in recent years demonstrate the great commercial potential that lies in barramundi as a top quality white fish.
“We believe this list will allow us to take full advantage of the growing global middle class and the growing demand for high-quality protein that is produced responsibly, with minimal carbon and ocean impact.”
The offer will take the form of a private placement of shares which should be followed by immediate listing on Euronext Growth Oslo. A number of leading institutions and family offices in the Nordic countries and Asia have already pre-committed to participate in the transaction, the company said.
DNB Markets and Pareto Securities will be the associate bookkeepers for the listing, with Wikborg Rein, TSMP Law and BAHR as legal advisers.
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