Buyback of minimum 400 000 and maximum 800 000 own shares
SalMar ASA plans, with authorisation given at the Company's annual general meeting on 28 May 2009, and resolution made at the Company's Board meeting on 11. August 2009, to purchase minimum 400.000 and maximum 800.000 own shares at a price of NOK 43 per share. The purchase order will take place in the period 20 August to and including 21 August 2009.
Selling orders must be made to First Securities brokerage desk, and the order must be valid until 21 August at 17.30 hours (CET). Settlement date is 26. August 2009. If sales orders surpass the maximum level of shares, a pro rata reduction on all orders will apply.
Contact person in First Securities is Paal Myhrvang, telephone + 47 23 23 82 09.
The purchase of own shares will be carried out in order to fulfil obligations attached to the Company's option program for key employees.
Due to low historic liquidity in secondary trading of SalMar shares, the Company has decided not to follow the recommendations made in the EU decrees regarding buyback of own shares and share price stabilization with regards to number of shares to be purchased and the buying period.
SalMar ASA
Contact person: CFO - Roar Husby
Tel: + 47 98 20 69 74