Runar Vatne Atlantic Sapphire's second largest shareholder, is offering to voluntarily resign from the land-based producer's board of directors to allow Kenneth Andersen, CEO of Strawberry Equities to join the board.

An extraordinary general meeting is scheduled for Aug. 3 to decide on the move.

Strawberry Equities is a private investment company wholly owned by Strawberry Group. It committed $12.5 million (€12.5