Domstein Seafood AG

  • Land: Schweiz

Nachricht vom 30.01.2019 | 10:31

Domstein Seafood AG: Participation project 'Aquapod Systems' completed with 19.8 million euros

DGAP-News: Domstein Seafood AG / Key word(s): Corporate Action/Strategic Company Decision

30.01.2019 / 10:31
The issuer is solely responsible for the content of this announcement.


Domstein Seafood AG has announced that the investment target of EUR 19.8 million for the Aquapod Systems technology (free-floating fish farming cages) has been achieved within six months by private and institutional investors. The meeting of the Board of Directors unanimously decided on Monday, January 28, 2019, to make no further investments in the Aquapod Systems project. The development work as well as the operative business will now be in the foreground for the desired 3 years.

At the same time, the company announced that there are high inquiries for the projects High Protein Fish Food and DOMX (novel X-ray technology for bone detection) and thus the planned participation targets could be raised higher. The new investment targets were announced as follows: For the HPF plant (High Protein Fish Food), an investment target of EUR 35 million is targeted for the coming 4 years and for the DOMX project a participation target of EUR 9 million for the coming year.

Following the last resolution in December 2018, Domstein Seafood AG announced a dividend of EUR 0.12 per share - equivalent to a return of 4.7%. Given the current situation and the positive development over the last 90 days, investors have already been promised a higher dividend by the end of the current financial year 2019.

For more information on the projects, Domstein Seafood AG offers information about your investment department, which can be accessed at www.domsteininvest.com.



Press contact:
Domstein Seafood AG
Steinhauserstrasse 74, 6300 Zug, Switzerland
Phone: +4141 508 7518
Fax: +4141 560 8097
Email: info@domstein.ch


30.01.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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