Description of the reference

Fifax Plc implemented a directed share issue in June 2023, where unpaid interest on equity loans was converted into shares. The objective of the share issue was to improve and clarify the company’s capital structure, enhance its liquidity, and reduce its indebtedness.

We acted as the company’s advisor and place of subscription in the directed share issue.

Established in 2012, Fifax Plc is a Finnish company engaged in sustainable fish farming. The company’s production facility is located in Åland, and it provides fish for wholesalers in Åland, mainland Finland and Sweden.

Aktia Alexander Corporate Finance Oy

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