New requirement for a general meeting in NTS

New requirement for a general meeting in NTS

The day after a very exciting general meeting at NTS, where store owner Helge Gåsø surprisingly retained a board seat, there was again a request for a general meeting to elect a new board.


This was confirmed by NTS in the exchange’s announcement on Saturday afternoon.

The new request comes on the heels of a very dramatic general meeting for the company on Friday, in which a group of rebellious shareholders attempted to oust big owner Helge Gasso and his son Anders from the board of directors.

However, the motion was voted on by a narrow margin, after one of the rebels, Hans-Martin Storow, changed his position.

The general meeting then ended with a vote for Storø as a new member of the Board of Directors, as a replacement for Great Provol, who had previously resigned.

NTS Chief Financial Officer Roar Myhre stated in a text message to E24 that the claim was made by Nils Williksen AS, Terboli AS and Rodo Invest AS.

The group is calling for a “new, legally elected assembly,” according to Mehr.

Behind the companies are the farmers families Wiliksen, Bondo and Dolmen, who were key participants in the rebel group.

E24 wrote on Friday that the rebels responded forcefully to the way Storø’s election as a new board member was defeated, and deemed the decision “invalid”.

“It is unfortunate that the extraordinary general meeting chose to make an invalid decision on such an important matter for the company,” Ivar Felixin, NTS Nominating Committee Chairman and part of the rebel group, told E24 on Friday.

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Chairman Odd Reidar Øie dismissed the criticism.

– I am confident that the general meeting was conducted in a legal manner, as Oe told E24 yesterday.

Will «Improve corporate governance»

The aforementioned group of shareholders announced a 13.2 billion NOK bid to buy NTS, and the stock market speculated that the group wanted to sell the group’s 68 percent ownership stake in another listed salmon farm, NRS.

The share of NRS rose sharply in the days leading up to the general meeting, but the price fell when it became known that Gåsø retained her seat on the board of directors.

According to the group, the motivation behind the Gåsø family’s dismissal and current chairman of the board Odd Reidar Øie from the board was to “improve corporate governance” at NTS.

“The rationale for the offer is to seek to protect and further develop the stock values ​​of NTS by continuing to explore alternatives for the company’s shareholders, including the sale of shares,” the group wrote in a recent press release.

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NTS shareholder uprising: Billionaire salmon Helge Gåsø retains board seat after dramatic turnaround

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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