Last checked at 30 Mar 2021 07:00
30 March 2021
Benchmark Holdings plc
("Benchmark" or the "Company")
Listing of existing senior secured NOK bond ISIN NO 0010858210
Benchmark, the aquaculture biotechnology company, notifies that further to the announcement made on 13 June 2019, the Company has today listed its existing NOK 850 million senior secured floating rate bond (the "bond") on the Oslo Stock Exchange. The listing of the bond satisfies the last remaining condition under the terms of the bond. As previously announced, the bond has a coupon of three months NIBOR* + 5.25% p.a. with quarterly interest payments and matures in June 2023.
A copy of the prospectus which was approved by the NFSA, the Norwegian Financials Supervisory Authority, on 11th March 2021 is available at https://www.benchmarkplc.com/investors/documents-circulars/#documents
\* The three month NIBOR (Norwegian Interbank Offered Rate) stood at 0.38% as at 29 March 2021.
Enquiries:
Benchmark Holdings plc | Tel: +44(0) 20 3696 0630 |
Trond Williksen, CEO | |
Septima Maguire, CFO | |
Ivonne Cantu, Investor Relations | |
Numis (Broker and NOMAD) | Tel: +44(0) 20 7260 1000 |
James Black, Freddie Barnfield, Duncan Monteith | |
MHP Communications | Tel: +44(0) 20 3128 8742 |
Katie Hunt, Reg Hoare, Alistair de Kare-Silver | benchmark@mhpc.com |
About Benchmark
Benchmark's mission is to enable aquaculture producers to improve their sustainability and profitability. We bring together biology and technology, to develop innovative products which improve yield, quality and animal health and welfare for our customers. We do this by improving the genetic make-up, health and nutrition of their stock - from broodstock and hatchery through to nursery and grow out. Benchmark has a broad portfolio of products and solutions, including salmon eggs, live feed (Artemia), diets and probiotics and sea lice treatments. Find out more at www.benchmarkplc.com