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Borregaard ASA: Stock options exercised, repurchase of own shares

Borregaard
·1-min read

Today 9,000 stock options, granted under Borregaard’s option programme, were exercised at a strike price of NOK 94.06 per share.

In a related transaction, Borregaard repurchased 9,000 own shares at an average price of NOK 142.23 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on 15 June 2020.

After this transaction, the total number of options issued in Borregaard shares is 1,456,053. Borregaard owns 384,678 treasury shares representing 0.38% of total shares outstanding.

Borregaard ASA
Sarpsborg, 22 September 2020

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