Borregaard: Mandatory notification of trade - primary insider

On 17 November 2016, primary insider Gisle Løhre Johansen, Senior Vice President R&D/Business Development and Executive Vice President Fine Chemicals of Borregaard ASA, sold 10,000 shares in Borregaard ASA at an average price of NOK 80.13 per share.

Following this transaction, Gisle Løhre Johansen owns 20,059 shares and 50,000 options in Borregaard ASA.

Borregaard ASA,
Sarpsborg, 17 November 2016

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.