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Borregaard Major Shareholding Notification 2016

Sep 5, 2016

Major Shareholding Notification

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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	Borregaard ASA
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		X
3. Full name of person(s) subject to the notification obligation:	NN Group N.V. Schenkkade 65, 2595 AS The Hague, The Netherlands
4. Date of the transaction and date on which the threshold is crossed or reached:	5 September 2016
5. Date on which issuer notified:	5 September 2016
6. Threshold(s) that is/are crossed or reached:	5%

7. Class/type of shares	Resulting situation after the triggering transaction
	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct	Indirect	Direct	Indirect
NO0010657505	5,065,616		5,065,616		5.07%

8. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

See attached org chart

9. Contact name	Edo Lubbers Corporate Compliance NN Group N.V.
10. Contact email:	[email protected]
12. Contact telephone number:	+31 610 340 926