Today 30,000 stock options, granted under Borregaard’s option programme, were exercised at a strike price of NOK 42.24 per share.

In a related transaction, Borregaard repurchased 25,456 own shares at an average price of NOK 97.17 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on 11 April 2019.

After this transaction, the total number of options issued in Borregaard shares is 1,426,000. Borregaard owns 369,384 treasury shares representing 0.37% of total shares outstanding.

Borregaard ASA
Sarpsborg, 18 September 2019

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.