The Scottish Salmon Company Plc: Strategic Review Update

 
TIDMSSC 
 
 
   The Scottish Salmon Company PLC (the "Company"), the leading independent 
producer of Scottish salmon, provides the following update with regard 
to the review of the various strategic options available to the Company 
in order to maximise value for its shareholders as announced on 29 April 
2019 (the "Review"). 
 
   The Review is ongoing and progressing in line with expectations. Among 
the options being considered within the framework of the Review are 
several formal, non-binding expressions of interest to purchase part or 
all of the Company that have been received by the Company via its 
financial advisor Daiwa Corporate Advisory Limited. As part of this 
process, the Company will allow selected parties access to non-public 
information. No assurance can be given that any specific outcome will be 
proposed or completed as a result of this process. 
 
   Whilst it is envisaged that the Review will be concluded by September 
2019, the Company does not expect to disclose further information on the 
development of the Review until the process has been completed or 
terminated, or if a disclosure is required in order to comply with 
applicable laws and regulations. 
 
   This information is subject to the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
 
 
 
 
 

(END) Dow Jones Newswires

July 08, 2019 02:00 ET (06:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.