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Borregaard

Related Party Transaction Feb 26, 2020

3562_rns_2020-02-26_6b80ee92-8a79-4c8d-9e43-107f6f5f6fc2.html

Related Party Transaction

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Borregaard ASA: Trade subject to notification - shares for employees 2020

Borregaard ASA: Trade subject to notification - shares for employees 2020

26 February 2020: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notices of 10 and 17 February regarding

the shares to employees programme. Today Borregaard transferred in total

238,604 shares to the 441 employees who participated in this year's programme.

After this transfer Borregaard owns 108,097 treasury shares.

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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