Johan Andreassen, co-founder and former CEO of land-based salmon farming Atlantic Sapphire.
Photo: Atlantic Sapphire.
Two holding companies linked to Atlantic Sapphire's outgoing CEO and co-founder Johan Andreassen and co-founder Bjørn-Vegard Løvik have divested almost one million shares in the land-based salmon company, according to a stock market announcement on Friday, July 5.
The companies, Alsco AS and JEA Invest AS, sold a combined total of 1.15 million shares, for NOK 8,668,004 (USD 819,599 / EUR 756,768).
The announcement did not disclose the identity of the buyer.
Alsco AS, an investment company owned by the families Andreassen and Løvik, reported the sale of a total of 1,040,703 shares in Atlantic Sapphire ASA, at a price of NOK 7.55 per share, for a total sales price of NOK 7,857,307.65.
Meanwhile, JEA Invest AS, of which Johan Andreasson is the majority shareholder, reported it sold a total of 107,377 shares in Atlantic Sapphire ASA, at a price of NOK 7.55 per share, for a total sales price of NOK 810,696.35.
In May, the land-based salmon farming company announced it had appointed former Managing Director of Cermaq Chile, Pedro Courard, as new CEO.
At that time, Atlantic Sapphire said that outgoing CEO Andreasson would remain in post until Courard had relocated to Florida, and would also stay on for an additional period "to secure a seamless transition" for the company.
Earlier the same month, the company announced that former director of Cermaq Norway Salmon, Gunnar Aasbo-Skinderhaug , would take over as CFO of Atlantic Sapphire from July 1.
