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Singapore, 31 August 2021 – Nexia TS is pleased to announce that it has successfully assisted Barramundi Group in its IPO listing on the Euronext Growth Oslo Stock Exchange in Norway on 12 August 2021. A total NOK 130.8 million was raised from the private placement of 8.9 million shares offered at NOK 14.70 per share.
The group is not only the first Australasian company but as well the first sustainable aquaculture player pioneering the future of barramundi to be listed on the exchange. The firm is appointed as its Independent Auditor in this overseas listing thus bringing a total of 40 IPO listings assisted to-date locally and internationally.
Commenting on the support provided by Nexis TS to the listing, CEO of Barramundi Group, Andreas von Scholten said, “We are immeasurably grateful to the team at Nexia TS for their unwavering support throughout the listing process. They were able to activate extra resources working extra hours to meet extremely tight timelines, and this went a long way in helping to take the listing across the line. We look forward to a fruitful partnership in the years to come.”
Henry Tan, Group CEO and Chief Innovation Officer, Nexia TS, said “A huge congratulations to Barramundi Group on the important milestone of listing on Euronext. Growing a sustainable aquaculture is the key to ease business challenges which is alike to fostering a valued partnership in the long term which my team and I look forward to providing professional accounting and consultancy advice to the group.”
About Barramundi Group:
At Barramundi Group, we bring great-tasting premium quality fish to the world, with sustainability at our core. Our mission is to help close the world’s protein gap by tapping into the vast potential that barramundi has to offer.
We operate ocean farms in Australia, Singapore, and Brunei. With the benefit of world-class research and aquaculture technology, our sustainable best practices enable us to produce responsibly-farmed barramundi while safeguarding the world’s oceans and environmental resources.
Though an end-to end aquaculture model, we have control over the entire value chain – from farm to fork – with established sales and distribution networks in many major cities. Our barramundi is available at over 1,600 restaurants, hotels, and retailers around the world.
For more information, please visit www.barramundi.com.
About Nexia TS:
Founded in 1993, Nexia TS today is recognised as an established accounting and advisory firm. Headquartered in Singapore, the firm has strong presence in various countries across the region. Nexia TS Shanghai is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for clientele with operations and new foreign investments in the respective countries. Being an independent member firm of Nexia International also means that we have more than 35,400 staff serving clients at 752 offices in 128 countries. It is ranked as the 8th largest international accounting and consulting network. For more information, please visit www.nexiats.com.sg.
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