Director's Dealing • Aug 21, 2019
Director's Dealing
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Borregaard ASA: Mandatory notification of trade - stock options, primary insider, repurchase of own shares
On 21 August 2019 primary insider Tuva Barnholt, Senior Vice President
Purchasing and Strategic Sourcing, 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 Tuva
Barnholt at an average price of NOK 93.87 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, Tuva Barnholt owns 31,624 shares and 45,000 stock options
in Borregaard.
The total number of outstanding Borregaard stock options following this
transaction is 1,506,000. Borregaard owns 382,998 treasury shares, representing
0.38% of the total number of shares outstanding.
Borregaard ASA
Sarpsborg, 21 August 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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