The founders of land-based salmon farmer Atlantic Sapphire and two board members snapped up a total of NOK 3.6 million ($4.3 million/€3.6 million) in additional shares in the group to staunch the bleeding from a massive sell-off in the wake of bleak first-quarter numbers.
Founders Johan Andreassen, CEO and chairman of Atlantic Sapphire's board, and co-founder and interim COO Bjorn-Vegard Lovik purchased 20,000 shares at a share price of NOK 77 via their jointly held investment group Alsaco.
Board member Andre Skarbo also jumped in deeper Thursday, with the same share purchase at the same price, while board member Tone Bjornov acquired 7,650 shares at NOK 79.80
