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Cermaq ASA
OSL:CEQ ISIN:NO0010003882
News
Cermaq ASA (OSL:CEQ) (Oslo 05.11.2008) Cermaq reported EBIT pre fair value of NOK 164.1 million for Q3, a reduction of NOK 50.8 million from 2007. Good biological performance and increased prices gave good results in farming in Norway and in Canada and strengthened the result with approximately NOK 31 million vs. 2007. This was however not enough to offset the losses in farming in Chile and reduced margin for EWOS.
Cermaq ASA (OSL:CEQ) Cermaq presents the results for the 3rd quarter 2008 on Wednesday 5 th November at hrs 08:00 at the Conference Centre at Hotel Continental, Stortingsgaten 24/26 , 0117 Oslo, Norway.
Cermaq ASA (OSL:CEQ) 13.02.2009 Presentation of preliminary annual results 2008 08.05.2009 Presentation Q1 22.05.2009 General Meeting 07.08.2009 Presentation Q2 06.11.2009 Presentation Q3 19.02.2010 Presentation of preliminary annual results 2009
Cermaq ASA (OSL:CEQ) Cermaq ASA has today signed an agreement to increase its credit facilities. A multicurrency loan facility of U.S. $150 million has been secured with Danske Bank A/S, DnBNOR Bank ASA and Nordea Bank Norge ASA. The final maturity date and covenant structure is agreed on the same terms as the current facility of U.S. $ 300 million signed in December 2006, with final maturity in 2011 with a two year extension option. Margins and other fees reflect Cermaq`s good credit standing and the strong commitment from these three leading banks to the company. DnB NOR Bank ASA and Danske Bank A/S acted as Mandated Lead Arrangers with Nordea Bank Norge ASA acting as co-arranger. The facility will be used to support the continued growth of Cermaq and the funds will be made available after the completion of legal formalities in the group companies. For further information, please contact Steven Rafferty, Chief Financial Officer, tel +47 23 68 50 24, mobile: +47 97 66 41 04
Cermaq ASA (OSL:CEQ) (Oslo 08.08.2008) Cermaq reports a second quarter EBIT pre fair value of NOK -8.0 million. The result reduced due to higher costs and low harvest weight in farming in Chile, and higher raw material costs in EWOS.
Cermaq ASA Cermaq issued trading statement about sanitary problems in Chile. Cermaq has today issued a trading statement presenting reduced results in its fish farming operations in Chile due to sanitary problems.
Cermaq ASA Ongoing sanitary problems in Chile resulting in lower harvest sizes and increased costs. Cermaq acts to reduce risk by early harvesting of disease affected sites and improve control of production going forward.
Cermaq ASA Cermaq ASA has today sold 37.100 own shares at NOK 65 per share as part of a yearly share programme for all employees of the Cermaq group
Cermaq ASA In 2006 Cermaq ASA entered into share option agreements with leading employees. The share option agreements entitle the employees to a total number of share options, to be vested in three equal tranches on 26th October 2006, 1st June 2007 and 1 June 2008. In accordance with this scheme, new options are transferred to primary insiders today, the 1st June 2008. The new options may be exercised between 1st June 2011 and 1st June 2014. The exercise price for the new options will be the average price for traders in Cermaq ASA shares the day before the vesting date and the two consecutive trading days, with an addition of 10 per cent. The share option scheme contains conditions limiting financial gains.
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