Borregaard: Mandatory notification of trade - options - repurchasing of own shares

23.10.2014: Borregaard ASA ("Borregaard", OSE ticker: BRG)

On 23 October 2014, in connection with Borregaard's option programme, 20 000 options in Borregaard shares were exercised at a strike price of NOK 17.93 per share.

In the same transaction, Borregaard repurchased 20 000 own shares at an average price of NOK 44.9059 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on 23 April 2014.

After the transaction, the total number of options issued in Borregaard shares is 598 800. Borregaard owns 777 883 treasury shares representing 0.78% of total shares outstanding.

Borregaard ASA
Sarpsborg, 23 October 2014

Contact:
Lotte Kvinlaug, Investor Relations Officer, + 47 922 86 909

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