Gigante Salmon plans capital raise for strategic growth initiatives

Gigante Salmon AS shareholders approved a board authorization to increase share capital for an upcoming share issue, allowing for capital increases of up to NOK 43,000,000, equivalent to 43,000,000 new shares. The company aims to raise between NOK 150m and NOK 300m through this share issue, with its main shareholder, Gigante Havbruk AS, committing to participate with up to NOK 150m.

The share issue is expected to include a private placement for new and existing strategic investors, alongside a retail offering, and is planned for Q1 2026, post Q4 2025 earnings release on 20 January 2026. The proceeds will primarily fund strategic improvements at the Rødøy facility, bolster operating expenses, and enhance working capital.

DNB Carnegie, Pareto Securities AS, and SB1 Markets AS have been appointed as managers for the offering. The general meeting minutes also confirmed a change in auditor, with PWC Assurance AS replacing PricewaterhouseCoopers AS from the financial year 2025.