Borregaard: Mandatory notification of trade - Shares for Employees 2015

16 November 2015: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notices of 26 October and 3 November regarding the shares to employees program. Today Borregaard transferred in total 267,375 shares to the 363 employees who participated in this year's program.

After this transfer Borregaard owns 493,880 treasury shares.

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.