A minority shareholder in The Scottish Salmon Company plans on resisting Bakkafrost's takeover offer, and is calling on others to do the same, saying the bid is too low for the value of the company.

Edward Smythe, an individual minority investor, told IntraFish he wants to hold out against Bakkafrost's bid and sees a strong case for other minority shareholders to do the same.

Smythe, who owns a 1.3 percent stake in SSC worth roughly £5.8 million (€6.6 million/$7.2 million), would need an additional 8.7