LSG Leroy Seafood Group ASA

Lerøy Seafood Group ASA: Ordinary General Shareholders Meeting held

Lerøy Seafood Group ASA: Ordinary General Shareholders Meeting held

Ordinary General Meeting in Lerøy Seafood Group ASA was held today, 23 May 2023. All items were resolved in accordance with the Annual General Meeting notice and the recommendations of the Nomination Committee.

The General Shareholders Meeting approved to distribute a dividend of NOK 2.50 per share. The dividend will be paid on 2 June 2023 and shall be paid to the shareholders who are registered shareholders of Lerøy Seafood Group ASA as of 23 May 2023.

The shares in Lerøy Seafood Group ASA will be traded ex-dividend from and including 24 May 2023.

A translated version of the minutes of the Ordinary General Shareholders Meeting in Lerøy Seafood Group ASA is attached.

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

 

Attachment



EN
23/05/2023

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Reports on Leroy Seafood Group ASA

Alexander Aukner
  • Alexander Aukner

Time to revisit

The unfolding trade war has led us to cut our global 2025–2027e demand and trim our spot price estimates. The negative price effect is partly countered by reduced mortality boosting volumes and lowering costs, leading to net EPS cuts of 11–2%. Given the sector’s solid track record in adapting to past crises and recent share-price declines, we see a significantly improved risk/reward and have a positive stance on the sector. We have upgraded Mowi, Bakkafrost, and Grieg Seafood to BUY (HOLD).

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