Investment highlights

RAS is well positioned to become the third pillar in global seafood supply

Wild catch and traditional aquaculture face limitations in seafood supply

 The Kingfish Company consistent with RAS-sector performance leaders

Deep in-house expertise enabling biological outperformance and cost leadership among land-based peers

Leader in a highly attractive market with clear ESG angle

Operating in the fundamentally strong Yellowtail Kingfish market with a first-mover position

Proven unit economics

on track to become operational EBITD POSITIVE IN H2 2024

Unique business case maximizing the strategic advantage of RAS

High value species that perform well in the RAS system, while being sold to import dependent markets

Financial calendar

06 November 2024

Q3 2024 Financial Results

 

05 September 2024

H1 2024 Interim Report and Q2 2024 Financial Results

24 July 2024

Q2 2024 Market Update

08 May 2024

Q1 2024 Financial Results

 

11 April 2024

FY 2023 Annual Report and Q4 2023 Financial Results

31 January 2024

Q4 2023 Market Update

Share information

Trading information

Trading currency: NOK

Quantity notation: Number of units

Admitted shares : 110,849,291

Nominal value: 0.01

ICB sectorial classification

Industry : 45, Consumer Staples

SuperSector: 4510, Food, Beverage and Tobacco

Sector: 451020, Food Producers

Subsector: 45102010, Farming, Fishing, Ranching and Plantations

Identification

SYMBOL: KING

ISIN CODE: NL00150001S5

LEI CODE:9845004WD3997B9F1061

EXCHANGE / MARKET: Euronext Growth

TRADING LOCATION: Oslo

ICB: 45102010 Farming, Fishing, Ranching and Plantations

IPO

IPO DATE: Wed 25/11/2020

IPO PRICE: NOK 20.56

IPO TYPE: Private placement

Largest shareholders
As of 1st April 2024
Investor NameHoldingStake
Creadev International S.A.S24,261,89321.9%
Rabo Participaties B.V.15,591,01114.1%
Stolt-Nielsen M.S. Ltd9,237,6638.3%
Bank Julius Bär & Co. AG6,645,9766.0%
Claris BV6,493,3545.9%
ASR6,154,9575.6%
Pershing LLC4,072,1383.7%
Terra Mare B.V.4,000,0003.6%
KVERVA FINANS AS3,432,6853.1%
Noam Kleinfeld3,247,8832.9%
JPMorgan Chase Bank2,692,9832.4%
Silver Oak Investments Holding C.V2,249,0212.0%
HDB BEHEER BV2,171,3312.0%
Nutreco International B.V.1,954,9581.8%
Cibus Enterprises Fund LP1,782,7421.6%

Corporate governance

Management board

Vincent Erenst

Vincent Erenst brings a strong international, operational, and transformational track record with more than 35 years of experience leading aquaculture companies. Most recently, he worked as Chief Operating Officer at Barramundi Group. 


Prior to this role, he worked as COO of Avramar and for more than 10 years he worked as Managing Director of Mowi Canada West, where he was responsible for strong profit growth through an increase of harvest volumes, efficiency improvements and strengthening of the market position in North America.

Jean-Charles Valette

Jean-Charles Valette has held various financial leadership positions at food and production companies, both in listed and private environments. Most recently, he worked as the Vice-President Finance of Dott, a fast growing scale-up. Prior to this role, he worked as senior Vice-President Finance for CEVA Logistics, where he was directly involved in generating USD 1.2 billion through a successful IPO on the SIX Swiss stock exchange. Jean-Charles brings great added value towards building, growing and transforming companies. Furthermore, he has strong expertise in corporate finance, process optimizations and transformations.

Supervisory board

Jeroen Scheelbeek

Mr. Wilfred Jeroen Scheelbeek is the Chairman of the Supervisory Board and served on the Company’s 1-tier board of directors prior to the conversion of the Company to a public limited liability company. Mr. Wilfred Jeroen Scheelbeek currently works at Bauhinia, an independent financial advisory boutique. He advises a number of family offices on financial matters. In addition, he acts as senior financial advisor to the Dutch Ministry of Economic Affairs. He is also board member and chairman of the risk committee of Moza Banco, a regulated financial institution in Mozambique. Mr. Wilfred Jeroen Scheelbeek served, amongst other roles, as global head of structured finance, head of corporate clients and head of corporate finance Asia, in the Rabobank wholesale clients division. He has also acted as member of the highest credit risk committees of the bank. Mr. Wilfred Jeroen Scheelbeek has participated in executive management courses at Harvard, IMD, Insead and Kellogg University. He holds a Master’s degree in Business Administration from the Free University of Amsterdam. Mr. Wilfred Jeroen Scheelbeek is also a member of the supervisory board of Protix.

Alexandre Van Der Wees

Alexandre van der Wees is a member of the Supervisory Board and served on the Company’s 1-tier board of directors prior to the conversion of the Company to a public limited liability company. Mr. van der Wees is an Investment Associate at Creadev International S.A.S. where he specialises in aquaculture and agriculture investments, and from where he invested amongst others in InnovaFeed, M2i Life science and Toopi organics. Previously to joining Creadev, Mr. van der Wees worked as financial advisor in Accuracy in Paris. Mr. van der Wees holds a Masters in Finance (Msc,) from Grenoble Graduate School of Business (GGSB).

Hans den Bieman

Mr Hans den Bieman (1959) served as the Company’s former (interim) CEO and Chairman of the Board. Mr. den Bieman is currently a shareholder and director of Sealand – the largest smolt producer in Chile. Amongst various top management positions in the field, Mr. Den Bieman served as COO of Nutreco Aquaculture (2000 to 2005) and as CEO of the Netherlands-based Marine Harvest, the world’s largest fish-farming company, listed on Oslo Børs (now Mowi ASA) (2005-2007). Mr. Den Bieman holds a Masters in Aquaculture (Msc,) from Wageningen University.

Jordi Trais Fita

Jordi Trias became President of Stolt Sea Farm in January 2018 after joining the business as Managing Director in 2016. Prior to this he spent 14 years with GBFoods, where he held several positions in marketing, sales and business unit management, located in Spain, Kazakhstan, Russia, Ukraine and Senegal. Jordi holds a degree in Business Administration from the University of Barcelona, a masters degree in Marketing, and an MBA from the Instituto de Empresa. He is a citizen of Spain.

Noam Kleinfeld

Mr. Kleinfeld (1977) acted as Managing Director at HSBC Investment Bank, with over 16 years of experience in cross border M&A, Corporate Finance, Equity/Debt Capital Markets, Leverage Acquisition Finance, Project Finance and Corporate/Debt Restructuring. Further, Mr. Kleinfeld is a co-founder of several business, amongst other, The Griffin Fund, a leading real estate player in Atlanta’s multifamily segment. The Griffin Fund was formed during the financial crisis in 2011 and via wide range of complex transactions including acquisitions of asset backed notes from debt funds and banks, “Courthouse” transactions and direct trades with special services managed to acquire and develop a large and high quality residential real estate portfolio in South East USA. Mr. Kleinfeld is an active Venture Capital investor in early-stage companies with a large TAM, unique technological edge, and strong execution capabilities; Several investments evolved into large companies. Mr. Kleinfeld holds a B.A in Business Administration with Major in Finance from Reichman University. 

Mr Kleinfeld held 3,247,883 shares in the capital of the Company on the Record Date.

Updates

Presentations

Q4 and FY 2023 Financial Results

Business Update Q3 2023

H1 2023 Presentation

Business update Q2 2023

Q1 2023 Business Update and 2022 annual report

Strategy update & H1 2022 results

Investor presentation 2022

H1 2021 Financial update
Business update Jul. 7, 2021
Admission document
Business update Feb. 8, 2021

Business update April. 14, 2021

Annual General Meeting

Minutes of Extraordinary General Meeting of Shareholders of The Kingfish Company N.V. July 24, 2023

Notice of Extraordinary General Meeting of Shareholders of The Kingfish Company N.V. July 24, 2023

Notice of Annual General Meeting of Shareholders of The Kingfish Company N.V. June, 2023

Minutes of Annual General Meeting of Shareholders of The Kingfish Company N.V. June 20, 2023

Minutes of Extraordinary General Meeting of Shareholders of The Kingfish Company N.V. February 27, 2023

Financial Reports

Integrated Annual Report 2023

Financial Results H1 2023

Integrated Annual Report 2022

Financial Results H1 2022

Integrated Annual Report 2021

Financial Results H1 2021

Annual Report 2020

Financial Results H1 2020

Financial Report 2019 – Audited

The team behind
The Kingfish Company

Vincent Ernst

Vincent Ernst

CEO

Jean-Charles Valette

Jean-Charles Valette

CFO

Tom Sorby

Tom Sorby

Operations Manager

Kingfish Maine

Bram Rohaan

Bram Rohaan

Head of Production

Kingfish Zeeland

Bob van Son

Bob van Son

Business Development Manager

Benelux

Gudo klein Gebbink

Gudo klein Gebbink

Head of Sales

The Kingfish Company

Kim Tiebie

Kim Tiebie

Head of Quality & Sustainability

The Kingfish Company

Sander Ruizeveld de Winter

Sander Ruizeveld de Winter

Head of Hatchery

Kingfish Zeeland

Hope Kitterman

Hope Kitterman

Head of Marketing

The Kingfish Company

Martina Sponga

Martina Sponga

Operations Manager

Kingfish Maine

Huibert Cornelisse

Huibert Cornelisse

Technical Manager

Kingfish Zeeland

Christiaan de Wet

Christiaan de Wet

Head of Design & Engineering

The Kingfish Company

Sarah Holmyard

Sarah Holmyard

Business Development Manager

UK & Ireland

Lauren Enz

Lauren Enz

VP of Sales

US

Join our amazing team!