FIFAX Plc – Managers' transactions – SCUD Ab

FIFAX Plc Company release 10 March 2023 at 5.50 P.M. EET - Managers' transactions

FIFAX Abp - Managers' Transactions

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Person subject to the notification requirement

Name: SCUD Ab

Position: Closely associated person

(X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer

Name: Samppa Ruohtula

Position: Chief Executive Officer

Issuer: FIFAX Abp

LEI: 7437009ZZFE4R6ACKF36

Notification type: INITIAL NOTIFICATION

Reference number: 26944/5/4

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Transaction date: 2023-03-10

Venue: FIRST NORTH GROWTH MARKET FINLAND (FSME)

Instrument type: SHARE

ISIN: FI4000496328

Nature of transaction: SUBSCRIPTION

Transaction details

(1): Volume: 50331 Unit price: 0.2 EUR

Aggregated transactions (1):

Volume: 50331 Volume weighted average price: 0.2 EUR

For more information:

Samppa Ruohtula

CEO, FIFAX Plc

+358 40 559 8812

[email protected]

Certified Advisor:

Aktia Alexander Corporate Finance Oy

+358 50 520 4098

Fifax in brief

Fifax’s vision is to be a forerunner in large-scale sustainable fish farming with a minimal impact on the environment, so that locally and sustainably produced fish can be enjoyed by its customers all year round.

Established in 2012, Fifax utilizes ultra-intensive Recirculating Aquaculture Systems (RAS) technology based on the principle of an almost completely closed water circulation within the facility, where the fish live in large land-based indoor tanks. Indoor tanks better safeguard against external factors, and the environmental impact and pollution from the facility is significantly lower when compared to traditional fish farming in water bodies.

FIFAX Plc’s shares have been listed in Nasdaq First North Growth Market Finland.