Icelandic salmon farmer Ice Fish Farm has announced the completion of a private placement of shares with total gross proceeds of NOK 301.5 million (£24.9m), combined with a sale of existing shares from minority shareholders in the company for approximately NOK 89 million.

Shares in on-land salmon farmer Atlantic Sapphire have today begun to be traded on the Oslo Stock Exchange.

Faroese salmon farmer Bakkafrost now owns 100% of the Scottish Salmon Company after a move to compulsorily purchase the 4.4% of shares it hadn’t previously acquired was completed unchallenged.

The Scottish Salmon Company’s new majority owner, Bakkafrost, expects to make a mandatory offer for the shares of other investors by the end of this week.

Land-based salmon producer Atlantic Sapphire has increased in value by more than a third in the last few weeks and is now worth NOK 5.8 billion (£520 million / US$673m).

The stock exchanges in Oslo and Santiago have signed an agreement to facilitate the double listing of salmon farming companies in Norway and Chile.