Director's Dealing • Sep 10, 2019
Director's Dealing
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Borregaard ASA: Mandatory notification of trade - stock options, primary insider, repurchase of own shares
On 10 September 2019 primary insider Gisle Løhre Johansen, Executive Vice
President Speciality Cellulose and Fine Chemicals, exercised 25,000 stock
options at a strike price of NOK 42.24 per share.
In a related transaction, Borregaard repurchased 25,000 own shares from Gisle
Løhre Johansen at an average price of NOK 92.56 per share. The repurchase is
conducted in accordance with a proxy given at the Ordinary General Meeting held
on 11 April 2019.
After the transaction, Gisle Løhre Johansen owns 21,055 shares and 45,000 stock
options in Borregaard.
The total number of outstanding Borregaard stock options following this
transaction is 1,456,000. Borregaard owns 373,928 treasury shares, representing
0.37% of the total number of shares outstanding.
Borregaard ASA
Sarpsborg, 10 September 2019
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.
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