MOWI Mowi ASA

Mowi ASA (OSE:MOWI): Presentation material in relation to Mowi’s increased ownership of Nova Sea

Mowi ASA (OSE:MOWI): Presentation material in relation to Mowi’s increased ownership of Nova Sea

Mowi hosted an analyst call this morning 30 January 2025 in connection with the announcement made earlier today whereby Mowi increases its ownership of Nova Sea from 49% to 95%. Reference is also made to a separate stock exchange release. Please find attached presentation material that was used in connection with the call.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Attachment



EN
30/01/2025

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Reports on Mowi ASA

 PRESS RELEASE

Mowi ASA (OSE:MOWI): Presentation material in relation to Mowi’s incre...

Mowi ASA (OSE:MOWI): Presentation material in relation to Mowi’s increased ownership of Nova Sea Mowi hosted an analyst call this morning 30 January 2025 in connection with the announcement made earlier today whereby Mowi increases its ownership of Nova Sea from 49% to 95%. Reference is also made to a separate stock exchange release. Please find attached presentation material that was used in connection with the call. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Attachment ...

ABGSC Seafood Research ... (+3)
  • ABGSC Seafood Research
  • Martin Kaland
  • Simon Brun
 PRESS RELEASE

Mowi increases ownership of Nova Sea from 49% to 95%

Mowi increases ownership of Nova Sea from 49% to 95% (Bergen/Bodø, 30 January 2025) Mowi ASA has entered into an agreement with Vigner Olaisen AS to acquire its controlling stake in Nova Sea AS, leveraging the strong joint position in one of the world’s best areas for salmon farming. Key highlights: Mowi to pay NOK 7.4 billion (EUR 625 million) for Vigner Olaisen’s 46% stake in Nova Sea through 30% settlement in Mowi shares and 70% in cash.The transaction values 100% of the equity in Nova Sea at NOK 16.0 billion (EUR 1.36 billion).Settlement for the 51% economic ownership of Nova Sea that...

Alexander Aukner
  • Alexander Aukner

Mowi (Buy, TP: NOK235.00) - Minor model adjustments

We have updated our estimates following Mowi’s Q4 trading update. We do not consider these changes to be material, and we have not changed our BUY recommendation. We reiterate our NOK235 target price.

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