John Fredriksen-owned investment company Geveran Trading Co. Ltd entered into a commercial two-year marine sector consultancy agreement on Monday with Framar, a company owned by Ole-Eirik Leroy, chairman of Marine Harvest.

In connection with the consultancy agreement, Geveran and Framar have entered into a separate dividend adjusted option agreement whereby Geveran has granted Framar an option to acquire 1 million shares in Marine Harvest. The premium paid by Framar for the option is NOK 1 million (€111,188/$121,052).

The option may be exercised by Framar once, and only for the full number of shares, between April 24, 2017 and October 24, 2018.

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