AKVA group ASA: New Land Based Agreement

AKVA group Denmark A/S, a wholly owned subsidiary of AKVA group ASA, has won a tender for delivery of a new smolt facility in Murmansk, Russia, to Russian Aquaculture Llc. The estimated value is EUR 11,9 million. The final contract is not yet concluded and are amongst others subject to financing and regulatory approvals in Russia.Deliveries are estimated to commence from Q2 2020.Dated: 20 June 2019AKVA group ASAWeb: www.akvagroup.comCONTACTS:Hallvard Muri Chief Executive...

AKVA group Denmark A/S, a wholly owned subsidiary of AKVA group ASA, has won a tender for delivery of a new smolt facility in Murmansk, Russia, to Russian Aquaculture Llc. The estimated value is EUR 11,9 million. The final contract is not yet concluded and are amongst others subject to financing and regulatory approvals in Russia.

Deliveries are estimated to commence from Q2 2020.

Dated: 20 June 2019

AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Hallvard Muri	Chief Executive Officer
Phone:	+47 51 77 85 00
Mobile:	+47 91 58 07 50
E-mail:	[email protected]

Simon Nyquist Martinsen	Chief Financial Officer
Phone:	+47 51 77 85 00
Mobile:	+47 91 63 00 42
E-mail:	[email protected]

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act