Arctic Fish plans €35m capital increase through private placement

Arctic Fish Holding AS will raise €35 million through a private placement of 13.1 million new shares at NOK 31.80 each.

Mowi ASA will subscribe for 7.9 million shares, settling its €21 million debt to Arctic Fish, while Sildarvinnslan will take 5.3 million shares for NOK 167 million in cash.

The proceeds will strengthen the company's balance sheet and ensure compliance with loan covenants. Both major shareholders, who control 85.47% of shares, have committed to supporting the proposal at an extraordinary meeting on September 4, 2025.