Marine Harvest converts debt to equity

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Marine Harvest strengthens balance sheet.

At the request of an investor and under a bond agreement, Marine Harvest has converted 4.6 million euros, into a total convertible bond loan totalling 340 million euros.

The company announced this in a stock exchange today.

The conversion from debt to shares occurred at a conversion rate of 13,2321 euros. As a result, Marine Harvest has 347,638 new shares.

After this, Marine Harvest has will have a total outstanding of 490.5 million shares.