Profitable share trade for Austevoll Seafood

The shares were purchased at a price of 59 NOK/share in October 2008. To Austevoll this represent a per share profit of 23 NOK/share in only six months. This single trade alone brought a profit of nearly 140 million NOK to Austevoll Seafood. 

As previously communicated, AUSS is of the opinion that the LSG share is undervalued compared to its peers. AUSS believes that by reducing its shareholding in LSG, thus increasing free float, the value of the LSG share will better reflect underlying values.

It is AUSS' clear aim and intention to contribute to further development of LSG.