Brief: Grieg Seafood Says New Investment On Hold After Norwegian Government's Proposal On Resource Tax

Grieg Seafood ASA

28/09/2022 19:44

Sept 28 (Reuters) - Grieg Seafood ASA  GSFG.OL :
    * REG-GRIEG SEAFOOD ASA: PROPOSAL ON NORWEGIAN RESOURCE TAX
    * PROPOSAL DOES NOT YET CONTAIN ALL DETAILS AND IS STILL
SUBJECT
TO A PUBLIC HEARING AS WELL AS APPROVAL BY NORWEGIAN PARLIAMENT
    * GRIEG SEAFOOD - NORWEGIAN GOVERNMENT PROPOSES TO INTRODUCE
RESOURCE TAX IN AMOUNT OF 40% ON SALMON FARMED IN OCEAN FROM TAX
YEAR 2023
    * WILL ASSESS HOW PROPOSAL WILL IMPACT GROUP'S BUSINESS AND
STRATEGY
    * WHILE THIS ASSESSMENT IS CONDUCTED, GROUP HAS PUT NEW
INVESTMENTS ON HOLD

Source text for Eikon:  ID:nGNE71NDB7 
Further company coverage:  GSFG.OL 
 ((Reuters.Briefs@thomsonreuters.com;;))