Codfarmers ASA Sells 78,047 New Shares

by the Fish Site Editor
18 August 2009, at 1:00am

NORWAY - Norwegian aquaculture company Codfarmers ASA said Monday a total 78,047 shares were sold in its rights issue.

In July 2009, Codfarmers sold 10 million new shares, priced NOK4 apiece in a private placement, which was to be followed by a rights issue of up to two million shares at the same subscription price.

The rights offering was targeted at shareholders who could not participate in the private placement.

the Fish Site Editor