23.09.2013: Borregaard ASA ("Borregaard", OSE ticker: BRG)
Reference is made to the stock exchange notice from Borregaard on 26 July 2013 where Borregaard announced its intent to repurchase up to 1,270,000 of its outstanding common stock.
Borregaard has today purchased 41 000 own shares on Oslo Børs at an average price of NOK 26,0906 per share. This repurchase of shares is conducted in accordance with the rules and regulations of the Oslo Stock Exchange for time-scheduled repurchases of shares (cfr Børssirkulære 2/2008) and the proxy given by its shareholders at the Ordinary General Meeting held on 15 April 2013. The repurchase of shares will be conducted over a period of maximum two months, i.e. up to 17 October 2013 at the latest.
Following the transaction Borregaard holds a total of 654 707 own shares, representing 0,655% of total shares outstanding.
Contacts:
Investor Relations Director Jørn Syvertsen, +47 958 36 335
SVP Organisation and Public Affairs Dag Arthur Aasbø, +47 918 34 108
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.