Norway Royal Salmon ASA: The Ministry of Trade, Industry and Fisheries has given NRS Finnmark AS permission to release triploid fish in 2016

 

Reference is made to the stock exchange notice dated 20 May 2016 where the Norwegian Food Safety Authority (FSA) in the Northern Region had declined NRS Finnmark's application for exemption to produce triploid salmon to be released in the sea in 2016. NRS has appealed the FSA's refusal to the Ministry of Trade, Industry and Fisheries. The Ministry of Trade, Industry and Fisheries has considered the appeal quickly and has ruled in favor of NRS Finnmark. The decision means that NRS Finnmark can release, as planned, 1.6 million smolts in 2016 using the 5 green licenses belonging to the company.

The Ministry of Trade, Industry and Fisheries has not yet completed processing identical appeals from the subsidiaries Nord Senja Laks AS and Nor Seafood AS, where the release of fish is planned  later.

For more information, please contact:

  • CEO Charles Høstlund, +47 994 18 449
  • CFO Ola Loe, +47 911 79 411.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



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Source: Norway Royal Salmon ASA via GlobeNewswire

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