Arctic Fish, the Icelandic salmon farmer 50 percent owned by Norway Royal Salmon, on Thursday announced a private share placement of NOK 600 million (€58.8 million/$70.8 million), a move that will enable the group to trade on Oslo's Euronext Growth market.

It will be made up of a primary offering of up to 5,718,954 new shares to raise around NOK 350 million (€34.3