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Market capitalisation of approximately NOK 632 million
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42nd listing on Euronext in 2026
Oslo – 2 July 2026 – Euronext today congratulates Pelican Aqua Holding Plc. (ticker: PLCAN), a maritime aquaculture services company, on its listing on Euronext Growth Oslo. This is the 42nd listing on Euronext so far this year and the 13th new listing on Euronext Oslo Børs' marketplaces in 2026.
Pelican Aqua is a newly established maritime aquaculture services company focused on the live fish transport segment. The company has contracted four 5,000 m³ live fish carrier vessels scheduled for delivery in 2029 and holds options for up to six additional vessels. Pelican Aqua is incorporated in Cyprus and aims to build a modern platform serving the aquaculture industry with a strong focus on fish welfare, biosafety, operational efficiency and environmental performance.
The company was listed through the admission to trading of 42,120,000 shares. Prior to the listing, Pelican Aqua completed a private placement raising approximately NOK 550 million, equalling USD 60 million, to fund initial instalments relating to the four new building contracts. The private placement attracted support from a broad group of industrial and financial investors.
At market opening today, the share price was NOK 15 per share, giving the company a market capitalisation of NOK 632.1 million on its first day of trading.
Gunnar Winther Eliassen, Chairman and Interim CEO of Pelican Aqua Holding, said: “We are very excited about bringing Pelican Aqua Holding PLC to Euronext Growth Oslo and the public markets. Pelican's unique investment proposition, combined with support from a strong shareholder base, puts the company in an ideal position to build a leading well-boat company and pursue accretive growth opportunities.”
Caption: Gunnar W. Eliassen, Chairman and Interim CEO of Pelican Aqua Holding, rang the bell this morning together with colleagues to celebrate the listing of the company on Euronext Growth Oslo. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs. (Photo: Thomas Brun | NTB Kommunikasjon)
About Pelican Aqua Holding
Pelican Aqua Holding Plc is a maritime aqua-service company that currently has four modern 5000 m3 well-boats for transportation of live fish on order from CIMC Raffles shipyard in China for delivery in 2029, with options for delivery of further six vessels. The Company is incorporated under the laws of Cyprus.
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