Brief: Grieg Seafood ASA Updates On Bc Transition Plan And License Renewal

Grieg Seafood ASA

19/06/2024 22:38

June 19 (Reuters) - Grieg Seafood ASA  GSFG.OL :
    * REG-GRIEG SEAFOOD ASA: UPDATE ON BC TRANSITION PLAN AND
LICENSE
RENEWAL
    * GOVERNMENT OF CANADA ANNOUNCED A BAN ON OPEN NET-PEN
SALMON
AQUACULTURE IN BRITISH COLUMBIA COASTAL WATERS BY 30 JUNE 2029
    * GRIEG SEAFOOD WILL SUSPEND ANY INVESTMENTS IN BC AND AWAIT
DRAFT
TRANSITION PLAN TO ASSESS FURTHER ACTIONS
    * GRIEG SEAFOOD: FISHERIES AND OCEANS CANADA FURTHER SAID
SALMON
AQUACULTURE LICENSES WILL BE RENEWED FOR 5 YEARS WITH STRICTER
CONDITIONS, FROM 1 JULY
    * : DRAFT TRANSITION PLAN WILL BE PRESENTED BY END OF JULY
2024
    * AFTER 1 JULY 2024 ONLY MARINE OR LAND-BASED
CLOSED-CONTAINMENT
SYSTEMS WILL BE CONSIDERED FOR NEW LICENSES

Source text for Eikon:  ID:nGNEbbqD46 
Further company coverage:  GSFG.OL 

 ((Reuters.Briefs@thomsonreuters.com;))