AKVA group ASA: New Land Based Agreement

AKVA group Land Based A/S, a wholly owned subsidiary of AKVA group ASA has entered into a Co-operation Agreement with Cooke Aquaculture Inc., with the potential for delivering several larger land based smolt projects. The first of these projects is a project in Chile with expected finalization of the contract in Q3 2019. The deliveries for the Chilean project is estimated to be from Q4 2019 to Q4 2021.Dated: 12 August 2019AKVA group ASAWeb: www.akvagroup.comCONTACTS:Hallvard Muri...

AKVA group Land Based A/S, a wholly owned subsidiary of AKVA group ASA has entered into a Co-operation Agreement with Cooke Aquaculture Inc., with the potential for delivering several larger land based smolt projects. The first of these projects is a project in Chile with expected finalization of the contract in Q3 2019.

The deliveries for the Chilean project is estimated to be from Q4 2019 to Q4 2021.

Dated: 12 August 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