AKVA group ASA ("AKVA" or the "Company") and Advania Holding hf. ("Advania") have today signed a share sale and purchase agreement (the "Agreement") under which AKVA, subject to the terms and conditions of the Agreement, shall divest 100% of the issued and outstanding shares in its wholly-owned subsidiary, Wise lausnir ehf ("Wise", and the "Wise Shares") to Advania (the "Transaction").