Norcod registers share capital increase following private placement

Norcod AS today announced the registration of its share capital increase with the Norwegian Register of Business Enterprises. This follows a successful private placement concluded on November 27, 2025, which involved the issuance of 12,707,454 new shares at a subscription price of NOK 12.375 per share, generating gross proceeds of NOK 157,254,750.

As a result of this registration, Norcod's registered share capital now stands at NOK 35,183,513.5, divided into 70,367,027 shares, each with a nominal value of NOK 0.50. This marks a significant step for the company, which specializes in commercial sea farming of cod.

Norcod is listed on Oslo's Euronext Growth market and focuses on sustainable blue ocean value creation with minimal environmental impact. The company's operations are located in Mid-Norway and along the Helgeland coast.