Brief: Norcod Divests Havlandet Norcod Investment

Norcod AS

11/05/2023 07:10

May 11 (Reuters) - Norcod AS  NCOD.OL :
    * NORCOD AS: NORCOD DIVESTS ITS HAVLANDET NORCOD INVESTMENT
AND
ENTERS INTO NEW LONG-TERM AGREEMENT WITH HAVLANDET
    * COD FARMING FIRM NORCOD DIVESTING ITS INVESTMENT BY
SELLING ITS
SHARE TO FRY PRODUCER HAVLANDET
    * TRANSACTION IS FREEING UP 75 MILLION NOK, WHICH NORCOD
INTENDS
TO USE ON ONGOING OPERATION AND UPCOMING PROJECTS
    * AS PART OF AGREEMENT, NORCOD HAS ENTERED INTO A 20-YEAR
FRY
SUPPLY CONTRACT WITH HAVLANDET

Source text for Eikon:  ID:nObiqnxx5a 
Further company coverage:  NCOD.OL 

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