Sprucegrove investment management crosses 5% shareholding in Bakkafrost

Sprucegrove Investment Management announced a new substantial shareholding in Bakkafrost P/F, crossing the 5% ownership threshold on September 17, 2025. This marks Sprucegrove's initial notification regarding an investment in Bakkafrost.

The investment firm now beneficially holds 2,984,520 shares, representing 5.05% of the total 59,143,000 shares outstanding. The disclosure obligation was triggered by a "Withdrawal-in-Kind" of shares for client accounts. Sprucegrove confirmed these shares are held beneficially within client accounts under its direct management.