Norcod admitted to trading

This page is available in multiple languages

Select Language

Oslo, 15 October 2020 – The cod farming company Norcod has today been admitted to trading on Merkur Market (ticker code: NCOD-ME).

Norcod is a producer of farmed cod. “With wild fish stock under pressure and fishing quotas for cod being cut, Norcod aims to fill the gap in the market and provide sustainable fresh cod,” explains the company.

Recently, the company raised NOK 250 million through a private placement. The placement attracted very strong interest from Norwegian and international investors, and was multiple times oversubscribed.

Norcod intends to use the net proceeds from the placement to support a significant production growth, reported Norcod.

Norcod admitted to trading on Merkur Market

Photo: Thomas Brun / NTB

About Norcod Norcod AS is the leading producer of farmed cod. The company's core business is commercial cod farming in marine facilities, but they are also involved in the entire value chain through cooperation with key players. Norcod is located in Central Norway with good production conditions for cod. In line with key sustainability goals and minimal environmental impact, Norcod contributes to blue value creation. www.norcod.no

Press Release Footer

About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

_{Disclaimer

This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.}

_{This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.}