Website maintenance:

We will carry out maintenance on the website for a period to come. We apologize in advance for any problems this may cause. If you are unable to access the website it is probably due to updates. Please try to re-enter the website in 10 minutes time. Sincerely, The Web Development team!

Former CEO earns hundreds of millions from Salmar shares

SalMar on Frøya in TrøndelagSalMar on Frøya in Trøndelag.Photo: Gorm Kallestad / Scanpix

Advertisement

Former CEO, Leif Inge Nordhammer, of Salmar has earned NOK 443 million this year on the shares he held when he stepped down in 2016.

 

“It has been a pleasant journey to be a shareholder in Salmar, which is shown in this story,” said the investor to Finansavisen newspaper.

According to the shareholder register, he owns more than 2.3 million shares in Salmar,both directly through the investment company, Lin, and indirectly through the owner’s office in Kverva.

Based on today’s price, the shareholding in Salmar is worth NOK 994 million.

Since the New Year,the Salmar share price has increased by 81%, which has again increased the value of Nordhammer by NOK 443 million.

According to the American news and marketing agency, Bloomberg, 9 out of 13 analysts believe that shareholders should sell out of Salmar. Nordhammer doesn’t care.

“I think analysts have had a negative view for a long time, and the vast majority have failed with their analysis of the industry and price developments. It’s been a while since I stopped listening to them,” he said.

 

© NTB scanpix / #Norway Today

Advertisement

Be the first to comment on "Former CEO earns hundreds of millions from Salmar shares"

Leave a comment

Your email address will not be published.


*