Borregaard ASA: Stock options exercised, repurchase of own shares

Today 15,000 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 12,540 own shares at an average price of NOK 108.83 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 1,679,000. Borregaard owns 356,383 treasury shares representing 0.36% of total shares outstanding.

Borregaard ASA
Sarpsborg, 19 February 2020

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