Marine Harvest ASA : MHG - WAY FORWARD AFTER TERMINATING THE CERMAQ PROCESS

 Marine Harvest ASA : MHG - WAY FORWARD AFTER TERMINATING THE CERMAQ PROCESS

Further to the termination of the Cermaq process Marine Harvest has
successfully completed the divestment of its remaining holding in Cermaq. The
total holding, which constituted 5,053,544 shares, was sold at an average
price of NOK 105.6 per share and provided a total gain of NOK 133.5 million.

Marine Harvest will, in line with what we have communicated earlier, focus its
resources on the development of green field feed capacity in Norway, expansion
within Norwegian and Chilean farming as well as the forthcoming integration of
Morpol. The increased financial flexibility created by the sale of the Cermaq
shares, termination of the transaction and the current strong salmon prices is
likely to lead to a reintroduction of a quarterly dividend payments commencing
from Q2 reporting.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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Source: Marine Harvest ASA via Thomson Reuters ONE
HUG#1712008
 
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