Proximar Seafood strengthens equity through bond conversions

Proximar Seafood AS announced that three primary insiders and close associates converted convertible bonds into shares, with the transactions settling on September 18, 2025. Grieg Kapital AS, a close associate of board member Per Grieg, converted NOK 42,924,643 in bonds into 42,924,643 shares at NOK 1 per share.

Additionally, Kvasshøgdi AS, also closely associated with Per Grieg, converted NOK 15,514,931 in bonds into 15,514,931 shares at NOK 1 per share. Orkan Konsult AS, a close associate of Kjell-Erik Østdahl, chairperson of the board, converted NOK 2,068,657 in bonds into 2,068,657 shares, also at NOK 1 per share. All conversions were conducted through a broker.

These conversions collectively add 60,508,231 new shares to the company, demonstrating a significant increase in insider holdings and a notable financial restructuring for Proximar Seafood AS.