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Published on 6/10/2009 in the Prospect News PIPE Daily.

New Issue: Grieg Seafood completes NOK 139.06 million private placement of equity

By Devika Patel

Knoxville, Tenn., June 10 - Grieg Seafood ASA said it concluded a NOK 139.06 million private placement of shares.

The company sold 10.15 million shares at NOK 13.70 per share.

Carnegie was lead manager and bookrunner in the private placement; DnB NOR Markets and RS Platou Markets were co-managers.

Proceeds will provide the company with improved financial flexibility and improve its general financial position.

Grieg Seafood is a Bergen, Norway-based seafood company.

Issuer:Grieg Seafood ASA
Issue:Stock
Amount:NOK 139,055,000
Shares:10.15 million
Price:NOK 13.70
Warrants:No
Bookrunner:Carnegie
Settlement date:June 10
Stock symbol:Oslo: GSFO

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