This page is available in multiple languages
Select Language

Statt Torsk lists on Euronext Growth

Back

Oslo 23 April 2021 – Euronext today congratulates Statt Torsk on its listing on Euronext Growth Oslo (ticker code: STATT).

Statt Torsk is a fish farming company specialising in cod farming, primarily the sea-phase of the production cycle for farmed cod.

The company recently raised NOK 115 million through the issue of new shares. The shares were sold at NOK 2.50 and the company’s market capitalisation was NOK 415 million on the day of listing.

Gustave Brun-Lie, CEO of Statt Torsk, said: “Research and development throughout a decade have enabled the establishment of cod farming as a new sector within the fish farming industry in Norway. Statt Torsk was established in 2014 and is a pioneer in the field. We are happy to welcome new shareholders, clients, suppliers and new colleagues on board.”

Statt Torsk lists on Euronext Growth

Welcome: Øivind Amundsen, President and CEO of Oslo Børs rang the bell with Gustave Brun-Lie, CEO of Statt Torsk, during a virtual ceremony to celebrate the listing of the company this morning.

About Statt TorskStatt Torsk is a fish farming company specializing in cod farming, primarily the sea-phase of the production cycle for farmed cod. Statt Torsk has since its inception in 2014 experienced a steady growth with two successful pilot batches of farmed cod. Statt Torsk currently operates two sea-based production sites in Vanylvsfjorden at Stadlandet in Norway and aims to open four new sites by 2025, whereafter Statt Torsk targets an annual production of 12,000 tonnes of cod.

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 close to 2,000 listed issuers and around €5.8 trillion in market capitalisation as of end June 2022, 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.

© 2022, Euronext N.V. - All rights reserved.