SSC Scottish Salmon Co. Ltd.

The Scottish Salmon Company PLC: Refinancing of banking facilities

The Scottish Salmon Company PLC: Refinancing of banking facilities

The Scottish Salmon Company PLC is pleased to announce that its wholly owned subsidiary, The Scottish Salmon Company Limited, has refinanced its banking facilities with a secured GBP 100m five-year multicurrency revolving credit facility with Coöperatieve Rabobank U.A, DNB (UK) Limited and Nordea Bank ABPm (Filial i Norge).

The facility provides an increased and more flexible funding package to support the Company's objective for growth, as well accommodating the variability in working capital requirements of the business.



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

EN
08/01/2020

Underlying

SSCScottish Salmon Co. Ltd.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Scottish Salmon Co. Ltd.

 PRESS RELEASE
Free
SSC Scottish Salmon...

The Scottish Salmon Company PLC: Update compulsory acquisition by P/F ...

The Scottish Salmon Company PLC: Update compulsory acquisition by P/F Bakkafrost (5 March 2020): P/F Bakkafrost ("Bakkafrost") initiated, on 13 January 2020, a compulsory acquisition of all of The Scottish Salmon Company PLCs (“SSC”) depositary receipts recorded in the Norwegian VPS system (the “Depositary Receipts”), and common shares issued in physical form (the “Common Shares”, and collectively, the “Equity Instruments”). The compensation per Equity Instrument is NOK 28.25, i.e. the same amount as the amount paid in the mandatory bid for the Equity Instruments which Bakkafrost complete...

March 5, 2020 1 EN
 PRESS RELEASE
Free
SSC Scottish Salmon...

The Scottish Salmon Company PLC: Compulsory Acquisition of Mionrity S...

The Scottish Salmon Company PLC: Compulsory Acquisition of Mionrity Shares by P/F Bakkafrost P/F Bakkafrost ("Bakkafrost") has, today, initiated a compulsory acquisition of the shares in The Scottish Salmon Company PLC (the "Company") held by other shareholders therein than Bakkafrost. The compulsory acquisition covers both the depositary receipts recorded in the Norwegian VPS system and the common shares issued in physical form. The compensation offered by Bakkafrost is NOK 28.25 per depositary receipt/common share (together, the "Equity Instruments"), i.e. the same amount as the price p...

January 13, 2020 1 EN
 PRESS RELEASE
Free
SSC Scottish Salmon...

The Scottish Salmon Company PLC: Refinancing of banking facilities

The Scottish Salmon Company PLC: Refinancing of banking facilities The Scottish Salmon Company PLC is pleased to announce that its wholly owned subsidiary, The Scottish Salmon Company Limited, has refinanced its banking facilities with a secured GBP 100m five-year multicurrency revolving credit facility with Coöperatieve Rabobank U.A, DNB (UK) Limited and Nordea Bank ABPm (Filial i Norge). The facility provides an increased and more flexible funding package to support the Company's objective for growth, as well accommodating the variability in working capital requirements of the business. ...

January 8, 2020 1 EN
 PRESS RELEASE
Free
SSC Scottish Salmon...

The Scottish Salmon Company PLC: Q4 2019 Trading Update

The Scottish Salmon Company PLC: Q4 2019 Trading Update Harvest volumes in Q4 2019 are 7.9 thousand tonnes. Harvest volumes for the full year 2019 are 33.8 thousand tonnes. The harvest volumes are provided in head on gutted (HOG) equivalent. This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

January 3, 2020 1 EN
 PRESS RELEASE
Free
SSC Scottish Salmon...

The Scottish Salmon Company PLC: Change of CEO following merger with B...

The Scottish Salmon Company PLC: Change of CEO following merger with Bakkafrost The Scottish Salmon Company (the "Company") today announced that, following the impending merger with Bakkafrost, it has been jointly agreed that Craig Anderson will leave his position as Chief Executive Officer.  Odd Eliasen, existing Managing Director of Havsbrún, part of the Bakkafrost Group, will assume the role as CEO of the Company with immediate effect.  Mr Eliasen has broad experience in the fish farming industry and has been active in restructuring fish farming in the Faroes and has held various Board...

December 16, 2019 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch