Mowi ASA (MOWI) 🐟

TekBot · mai 11, 2021, 4:17pm

Mandatory notification of trade by primary insider

TekBot · mai 19, 2021, 4:31am

Mowi ASA (OSE: MOWI): Quarterly dividend

TekBot · mai 19, 2021, 4:31am

Record-high Q1 volumes and lower Farming cost for Mowi

(Bergen, 19 May 2021) Mowi achieved record-high volumes for a first quarter in
both Farming and Consumer Products, harvesting 125 000 tonnes of salmon and
selling 62 000 tonnes of value-added products. At the same time Farming cost was
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down by 9%.

Mowi’s first quarter was characterised by continued Covid-19 lockdown measures
and high growth in global supply of salmon, however, prices increased during the
quarter on strong demand.

“Although extensive lockdown measures are still in place, out-of-home
consumption has started to improve in some markets compared with the previous
quarter. Demand in retail has continued to be very good, something Mowi has yet
again capitalised on through our integrated value chain,” said Mowi CEO Ivan
Vindheim.

Mowi believes that demand for salmon is on the road to full recovery driven by
Covid-19 measures becoming less restrictive. Growth in retail salmon sales was
20-25% during the quarter, and this growth came from both new and existing
customers. Mowi expects both customer groups to increase their retail
consumption post Covid-19, even as the foodservice segment continues to reopen.

Mowi Consumer Products had yet another strong quarter with record-high first
quarter earnings and volumes partly driven by tailwinds from Lent and Easter
season.

Mowi Farming harvested a record-high 125 000 tonnes in the quarter, equivalent
to 51% growth compared to a year ago. At the same time, cost was down by 9%.

“It is very encouraging to deliver record-high first quarter Farming volumes and
reduction in production cost. The decline in cost is driven by large volumes and
cost initiatives over time. Farming volume growth and cost competitiveness are
pivotal elements in Mowi’s strategy,” Vindheim said.

Mowi achieved an operational EBIT of EUR 109 million in the first quarter of
2021, the same as the corresponding quarter in 2020. The company
reported operational revenues of EUR 1 022 million (EUR 885 million) in the
quarter. Total harvest volume in the quarter of 125 468 tonnes gutted weight (83
119) was above guidance of 116 000 tonnes. Full-year harvest guidance for 2021
is unchanged at 445 000 tonnes.

Mowi’s Board has decided to pay NOK 0.77 per share in ordinary dividend in the
second quarter of 2021, equivalent to 50% of underlying earnings per share in
the first quarter of 2021.

For further information, please contact:
Kristian Ellingsen, CFO, +47 905 14 275
Kim Galtung Døsvig, IR Officer & Head of Treasury, +47 908 76?339
Ola Helge Hjetland, Group Communications Director, +47 970 67 932

About Mowi ASA
Mowi is the world’s leading seafood company and the largest producer of farm-
raised salmon in the world. As the first global seafood company with an end-to-
end supply chain, Mowi brings supreme quality salmon and other seafood to
consumers around the world.

With headquarters in Bergen, Norway, Mowi employs 12 200 people in 25 countries
worldwide, and is listed on the Oslo Stock Exchange.

For more information, please visit www.mowi.com (http://www.mowi.com).

Forward looking statements
This release may be deemed to include forward-looking statements, such as
statements that relate to Mowi’s goals and strategies, salmon prices, ability to
increase or vary harvest volume, production capacity, trends in the seafood
industry, restructuring initiatives, exchange rate and interest rate
fluctuations, expected research and development expenditures, business prospects
and positioning with respect to market, demographic and pricing trends,
strategic initiatives, and the effects of any extraordinary events and various
other matters (including developments with respect to laws, regulations and
governmental policies regulating the industry and changes in accounting
policies, standards and interpretations) on Mowi’s business and results.
Forward-looking statements are typically identified by words or phrases, such as
“believe,” “expect,” “anticipate,” “intend,” “estimate,” “may increase,” “may
fluctuate,” “plan,” “goal,” “target,” “strategy,” and similar expressions or
future or conditional verbs such as “may,” “will,” “should,” “would,” and
“could.” Forward-looking statements are Mowi’s current estimates or expectations
of future events or future results. Actual results could differ materially from
those indicated by these statements because the realization of those results is
subject to many risks and uncertainties. Mowi ASA’s Annual
Report contains additional information about factors that could affect actual
results, including: changes to the price of salmon including the value of our
biological assets; hedging risks; risks related to fish feed; economic and
market risks; environmental risks; operational risks; risks related to escapes,
disease and sea lice; product risks; risks related to our acquisitions;
financing risks; regulation risks including relating to food safety, the
aquaculture industry, processing, competition and anti-corruption; trade
restriction risks; litigation risks; tax and accounting risks; strategic and
competitive risks; and reputation risks. All forward-looking statements included
in this release are based on information available at the time of the release,
and Mowi assumes no obligation to update any forward-looking statement.

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

Kilde

E24Bot · mai 19, 2021, 4:37am

Mowi drysser 400 millioner utbyttekroner over aksjonærene

TekBot · mai 19, 2021, 4:00pm

Mowi ASA (OSE: MOWI): Innkalling til ordinær generalforsamling 9. juni 2021

TekBot · mai 20, 2021, 4:31am

Mowi ASA (OSE: MOWI): 2021 Salmon Industry Handbook

TekBot · mai 28, 2021, 4:32am

Mowi ASA: Eks. utbytte NOK 0,77 i dag

NidarosEsp1 · juni 3, 2021, 12:31pm

Nordea med nytt kursmål nå:
KEY INFO
Target price NOK 245
Fair Value NOK 245
Share price, close NOK 223.2

Så fortsatt en stor oppside så lenge covid restriksjoner dempes i europa og andre markeder.

NidarosEsp1 · juni 3, 2021, 2:16pm

denne var lagt ut i Atlantic Sapphire tråden, men legger den her også

TekBot · juni 9, 2021, 2:41pm

Mowi ASA (OSE:MOWI): Annual General Meeting held

TekBot · juni 9, 2021, 2:41pm

Mowi ASA (OSE:MOWI): Ordinær generalforsamling avholdt

TekBot · juni 22, 2021, 9:16am

Mowi ASA (OSE: MOWI): Exercise of senior executive share options/purchase of own shares

Number of options exercised

The Board of Directors of Mowi awarded 0.9 million options under its senior
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executive share option scheme with effect from 2017 to the current participants
in the option scheme. The option scheme forms an important part of Mowi’s long-
term remuneration policy for such senior executives. The number of options shall
be adjusted for dividend payments and reduced if the profit through exercise of
options in a year exceeds two times the fixed annual salary of the option
holder. Accordingly, the number of options has been adjusted to 764,101 options
to comply with these provisions.

On 22 June 2021, participants in Mowi’s senior executive share option scheme
exercised 764,101 options in Mowi, corresponding to 764,101 shares at a strike
price of NOK 136.51 per share.

On the same date Mowi purchased 764,101 own shares at a price of NOK 233.83 per
share to settle its obligation to deliver the shares. The shares were purchased
in accordance with the authorisation granted at the annual general meeting on 9
June 2021. Following these transactions Mowi still holds zero treasury shares.

Options exercised by primary insiders

Ivan Vindheim exercised 76,012 options in Mowi, corresponding to
76,012 shares at a strike price of NOK 136.51 per share.

Ben Hadfield exercised 64,580 options in Mowi, corresponding to
64,580 shares at a strike price of NOK 136.51 per share.

Ola Brattvoll exercised 53,967 options in Mowi, corresponding to
53,967 shares at a strike price of NOK 136.51 per share.

Transfer of rights

On 22 June 2021 the primary insiders listed above transferred their rights to
receive shares resulting from the exercise of their options to a third party
against a consideration to be determined on the basis of the price subsequently
obtained by the third party when selling the shares. The price subsequently
obtained was NOK 233.83 per share. Please see attached for further details.

New holding

After exercising the options the primary insiders listed above hold the
following number of shares and unexercised options in Mowi:

Name Title Shares Total unexercised
                                                              options
Ivan Vindheim CEO 7 413 344 594

Ben Hadfield COO Farming Scotland, Ireland & Faroes 7 623 269 208

Ola Brattvoll COO Sales and Marketing 9 984 269 208

This information is subject to the disclosure requirements pursuant to section
4-2 and 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · juni 22, 2021, 9:50am

Mowi ASA (OSE: MOWI): Exercise of senior executive share options/purchase of own shares - Correction

This release also includes disclosure details for Fernando Villarroel who is
also a primary insider.

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Number of options exercised

The Board of Directors of Mowi awarded 0.9 million options under its senior
executive share option scheme with effect from 2017 to the current participants
in the option scheme. The option scheme forms an important part of Mowi’s long-
term remuneration policy for such senior executives. The number of options shall
be adjusted for dividend payments and reduced if the profit through exercise of
options in a year exceeds two times the fixed annual salary of the option
holder. Accordingly, the number of options has been adjusted to 764,101 options
to comply with these provisions.

On 22 June 2021, participants in Mowi’s senior executive share option scheme
exercised 764,101 options in Mowi, corresponding to 764,101 shares at a strike
price of NOK 136.51 per share.

On the same date Mowi purchased 764,101 own shares at a price of NOK 233.83 per
share to settle its obligation to deliver the shares. The shares were purchased
in accordance with the authorisation granted at the annual general meeting on 9
June 2021. Following these transactions Mowi still holds zero treasury shares.

Options exercised by primary insiders

Ivan Vindheim exercised 76,012 options in Mowi, corresponding to
76,012 shares at a strike price of NOK 136.51 per share.

Ben Hadfield exercised 64,580 options in Mowi, corresponding to
64,580 shares at a strike price of NOK 136.51 per share.

Fernando Villarroel exercised 42,091 options in Mowi, corresponding to
42,091 shares at a strike price of NOK 136.51 per share.

Ola Brattvoll exercised 53,967 options in Mowi, corresponding to
53,967 shares at a strike price of NOK 136.51 per share.

Transfer of rights

On 22 June 2021 the primary insiders listed above transferred their rights to
receive shares resulting from the exercise of their options to a third party
against a consideration to be determined on the basis of the price subsequently
obtained by the third party when selling the shares. The price subsequently
obtained was NOK 233.83 per share. Please see attached for further details.

New holding

After exercising the options the primary insiders listed above hold the
following number of shares and unexercised options in Mowi:

Name Title Shares Total unexercised
                                                               options
Ivan Vindheim CEO 7 413 344 594
                 COO Farming Scotland, Ireland &
Ben Hadfield Faroes 7 623 269 208

Fernando Villarroel COO Farming Americas 165 131 446

Ola Brattvoll COO Sales and Marketing 9 984 269 208

This information is subject to the disclosure requirements pursuant to section
4-2 and 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · juni 23, 2021, 6:14pm

Mowi ASA (OSE: MOWI): Share option scheme for senior executives and allocation of options 2021

At Mowi ASA’s (the “Company”) annual general meeting (“AGM”) on 9 June 2021 the
Board of Directors was authorised to grant options under the Share Option Scheme
to Senior Executives, as described in Mowi’s guidelines for remuneration of
…
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leading personnel (the “Guidelines”). On 23 June 2021 the Board of Directors
granted 1.675 million options with a strike price of NOK 247.1395, corresponding
to 107.5% of the volume weighted average share price on the Oslo Stock Exchange
at the date of the AGM, to a total of 34 individuals.

In accordance with the Guidelines , the options have a term of 4 years but will
become exercisable immediately if a mandatory bid is made for all of the shares
in Mowi, if a voluntary offer is followed-up with a forced transfer of shares in
accordance with the Norwegian Securities Trading Act or if Mowi is the non-
surviving entity in a merger with another company.

The number of shares and the strike price will be adjusted for dividends and
changes in the equity capital during the term of the option according to the
Oslo Stock Exchange’s derivative rules and provisions in the option agreements.
Total profit through the exercise of the option in a year is capped at two
years’ salary for the option holder. If the profit exceeds this limit, the
number of shares to be issued will be reduced accordingly.

The following primary insiders in the Company have been allocated options
according to the above, please see attached allocation details. The primary
insiders have the following number of shares and options, adjusted for dividends
paid, in the Company.
                              Total number of Options granted Total options
Name shares owned in 2021 outstanding

Ivan Vindheim
(CEO) 7 413 200 000 544 594

Kristian Ellingsen
(CFO) 753 100 000 155 283

Øyvind Oaland
(COO Farming Norway) 5 141 100 000 208 764

Ben Hadfield
(COO Farming Scotland and
Ireland) 7 623 100 000 369 208

Fernando Villarroel
(COO Farming Americas) 165 100 000 231 446

Ola Brattvoll
(COO Sales & Marketing) 9 984 100 000 369 208

Atle Kvist
(COO Feed) 296 100 000 181 303

Catarina Martins
(CTO & Chief Sustainability
Officer) 2 216 25 000 76 149

Anne Lorgen Riise
(Chief HR Officer) 1 111 25 000 103 610

Kim Galtung Døsvig
(Investor Relations & Head of
Treasury) 889 25 000 103 610

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

Kilde

TekBot · juni 25, 2021, 12:11pm

Share purchase by Mowi ASA’s Board members

With reference to stock exchange notice of 19 May 2021 and partly remuneration
to Mowi ASA’s Board members in the form of shares.

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All Board members of Mowi have today purchased shares in the company as set
forth below. The share purchases are pursuant to the recommendation from the
Nomination Committee which was adopted by the General Assembly on 9 June 2021.

The Nomination Committee is of the view that Directors on the Board of Mowi
should be encouraged to invest in shares in the company, which is also in line
with the Norwegian Code of Practice for Corporate Governance. Accordingly, all
Board members have purchased shares for the equivalent of NOK 59,845 each, in
total NOK 598,453. The shares were purchased at market price of NOK 223.30 per
share, equivalent to 268 shares each and 2,680 shares in total.

Following the share purchases the Board members hold the following number of
shares in Mowi. Please see attached notification details.
                           Acquired shares   New holding
Ole-Eirik Lerøy (Chairman) 268 1 501 232

Kristian Melhuus 268 1 232

Cecilie Fredriksen ((1)) 268 1 232

Nicolas Gheysens 268 268

Lisbet K. Nærø 268 1 232

Solveig Strand 268 2 606

Bjarne Tellmann 268 1 170

Anders Sæther 268 1 347

Kari Bjørgan 268 268

Hans Jakob Lande 268 771

Cecilie Fredriksen is a member of the class of Beneficiaries of the Trusts
which indirectly control Geveran Trading Co Limited. Geveran Trading Co Limited
owns 74,289,287 shares in Mowi ASA and holds TRS agreements with underlying
exposure of 4,000,000 shares.

This information is subject to the disclosure requirements pursuant to section
4-1, 4-2 and 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · juni 30, 2021, 3:29pm

Mowi ASA (OSE: MOWI): Enters into Term Sheet to refinance existing bank facility with a new EUR 1,800 million sustainability-linked facility

Mowi ASA has today entered into a Term Sheet to refinance its existing bank
facility with a EUR 1,800 million five-year senior secured sustainability-linked
multicurrency revolving credit facility with DNB Bank ASA, Nordea Bank Abp,
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filial i Norge, Coöperatieve Rabobank U.A., ABN AMRO Bank N.V., Danske Bank A/S,
Skandinaviska Enskilda Banken AB (publ) and Crédit Agricole Corporate &
Investment Bank.

Interest on the facility is linked to Mowi’s performance against sustainability
KPIs which are consistent with Mowi’s overall ESG strategy, and the
sustainability-linked facility is a significant step towards Mowi’s goal of
100% green or sustainable financing. The principal financial covenant of the
facility is a minimum equity ratio of 35%, and the facility includes an
accordion increase option which provides flexibility for the parties to agree to
increase the size of the facility by an additional EUR 300 million during the
term of the facility.

The refinancing is subject to final documentation.

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

Kilde

TekBot · juli 14, 2021, 4:31am

Mowi ASA (OSE:MOWI): Q2 2021 Trading update

Mowi ASA (OSE:MOWI): Q2 2021 Trading update

Harvest volumes Q2 2021 (1)
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Farming Norway 56.0 thousand tonnes

Farming Scotland 19.0 thousand tonnes

Farming Canada 13.5 thousand tonnes

Farming Chile 15.0 thousand tonnes

Farming Ireland 2.0 thousand tonnes

Farming Faroes 2.5 thousand tonnes

Total 108.0 thousand tonnes

In connection with the presentation of the Q1 2021 results, Mowi ASA guided a
total harvest volume of 109 thousand tonnes (GWE) for Q2 2021.

Note:
(1) The harvest volumes are provided in gutted weight equivalents (GWE). The
figures include salmonid species only.

Additional information

Operational EBIT for the Group was approximately EUR 137 million in Q2 2021 (EUR
99 million in Q2 2020). Blended Farming cost per kg harvested was EUR 4.50
(EUR/kg 4.47 in Q2 2020). Farming Canada East recognised a loss in the second
quarter of EUR 15 million equivalent to EUR/kg 0.14 for the Group mainly related
to harvesting out ISA fish in Newfoundland.

Total Operational EBIT per kg through the value chain was approximately as
follows:

Norway EUR 1.65

Scotland EUR 1.55

Canada EUR -0.50

Chile EUR 1.00

Ireland EUR 1.85

Faroes EUR 1.90

Operational EBIT in Consumer Products was EUR 16 million (EUR 23 million in Q2
2020) and Feed EUR 3 million in Q2 2021 (EUR 6 million in Q2 2020).

Reported financial net interest-bearing debt (NIBD) was approximately EUR 1 160
million at the end of the quarter (excluding IFRS 16 effects).

The complete Q2 2021 report will be released on 25 August at 06:30 CET.

Please refer to the Annual Report for detailed descriptions and reconciliations
of non-IFRS measures such as Operational EBIT and NIBD.

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

Kilde

TekBot · august 12, 2021, 4:31am

Mowi ASA (OSE:MOWI): Presentation of Q2 2021 results 25 August 2021 at 08:00 (CET)

TekBot · august 25, 2021, 4:31am

Mowi ASA (OSE: MOWI): Quarterly dividend

TekBot · august 25, 2021, 4:32am

Improved results for Mowi on strong salmon demand

(Bergen, 25 August 2021) Mowi achieved an operational EBIT of EUR 137 million in
the second quarter of 2021, compared with EUR 99 million in the corresponding
quarter of 2020.
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Strong demand for salmon drove prices higher in all markets in the quarter and
resulted in better earnings for Mowi. Spot prices soared by 18% in Europe and
close to 50% in the Americas. Generally less restrictive Covid-19 measures have
sparked foodservice demand whilst retail demand holds up at a high level.

“Demand for salmon has strengthened as Covid-19 measures have become less
restrictive in most countries. The demand response was impressive during the
quarter with approximately 25% higher global salmon prices year-on-year despite
a relatively high global supply growth of 9% including frozen inventory release
from Chile,” Mowi CEO, Ivan Vindheim, said.

Profits in Mowi Farming improved on the back of higher prices and stable harvest
volumes and cost. Mowi Consumer Products had yet another a good quarter with
record-high volumes for a second quarter.

New Farming region in Norway
To strengthen focus and leadership resources and to adopt an even more hands-on
approach than previously, Mowi has decided to split up by far its largest
Farming unit Norway Region Mid into two new regions; West and Mid.

“Fish farming is still very much about the details and craftmanship which call
for a great deal of hands-on management particularly in the more biologically
challenging areas. This reorganisation will enable us to improve our operational
performance, including productivity and cost, in this important farming area for
Mowi,” Vindheim said.

Mowi reached 85% green financing
Mowi entered into a new 5-year green EUR 1.8 billion facility with its bank
consortium in the quarter at very attractive terms.

“Sustainability is deeply engrained in the Mowi culture and I am very pleased
that we have reached 85% green and sustainable financing with this facility,”
Vindheim said.

MOWI brand expanding
Several MOWI branding launches were undertaken during the quarter including MOWI
Pure in Belgium, MOWI Gourmet and Signature in Italy and MOWI Sushi in Spain.

“We continue our long-term quest to de-commoditise the salmon category through
our MOWI branding strategy, and it is exciting to see how well our branded
products are being received by consumers throughout Europe, Americas and Asia,”
Vindheim said.

Mowi reported operational revenues of EUR 1 000 million (EUR 911 million) in the
quarter. Total harvest volume in the quarter of 107 977 tonnes gutted weight
(104 303 tonnes) was in line with guidance. Full-year harvest guidance for 2021
is increased slightly to 450 000 tonnes from 445 000 tonnes.

Mowi’s Board has decided to pay a quarterly dividend of NOK 1.96 per share,
consisting of NOK 0.96 per share in ordinary dividend and an extraordinary
dividend of NOK 1.00 per share supported by a strong financial position and a
favourable outlook.

For further information, please contact:
Kristian Ellingsen, CFO, +47 905 14 275
Kim Galtung Døsvig, IR Officer & Head of Treasury, +47 908 76?339
Ola Helge Hjetland, Group Communications Director, +47 970 67 932

About Mowi ASA
Mowi is the world’s leading seafood company and the largest producer of farm-
raised salmon in the world. As the first global seafood company with an end-to-
end supply chain, Mowi brings supreme quality salmon and other seafood to
consumers around the world.

With headquarters in Bergen, Norway, Mowi employs 12 000 people in 25 countries
worldwide, and is listed on the Oslo Stock Exchange.

For more information, please visit www.mowi.com (http://www.mowi.com).

Forward looking statements
This release may be deemed to include forward-looking statements, such as
statements that relate to Mowi’s goals and strategies, salmon prices, ability to
increase or vary harvest volume, production capacity, trends in the seafood
industry, restructuring initiatives, exchange rate and interest rate
fluctuations, expected research and development expenditures, business prospects
and positioning with respect to market, demographic and pricing trends,
strategic initiatives, and the effects of any extraordinary events and various
other matters (including developments with respect to laws, regulations and
governmental policies regulating the industry and changes in accounting
policies, standards and interpretations) on Mowi’s business and results.
Forward-looking statements are typically identified by words or phrases, such as
“believe,” “expect,” “anticipate,” “intend,” “estimate,” “may increase,” “may
fluctuate,” “plan,” “goal,” “target,” “strategy,” and similar expressions or
future or conditional verbs such as “may,” “will,” “should,” “would,” and
“could.” Forward-looking statements are Mowi’s current estimates or expectations
of future events or future results. Actual results could differ materially from
those indicated by these statements because the realization of those results is
subject to many risks and uncertainties. Mowi ASA’s Annual
Report contains additional information about factors that could affect actual
results, including: changes to the price of salmon including the value of our
biological assets; hedging risks; risks related to fish feed; economic and
market risks; environmental risks; operational risks; risks related to escapes,
disease and sea lice; product risks; risks related to our acquisitions;
financing risks; regulation risks including relating to food safety, the
aquaculture industry, processing, competition and anti-corruption; trade
restriction risks; litigation risks; tax and accounting risks; strategic and
competitive risks; and reputation risks. All forward-looking statements included
in this release are based on information available at the time of the release,
and Mowi assumes no obligation to update any forward-looking statement.

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

Kilde