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Borregaard

Share Issue/Capital Change Apr 23, 2019

3562_rns_2019-04-23_b7a7344f-d43b-435d-b89f-149fd956b52b.html

Share Issue/Capital Change

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Borregaard: Stock options exercised

Borregaard: Stock options exercised

23.04.2019: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Today 30,000 stock options, granted under Borregaard's option programme, were

exercised at a strike price of NOK 38.75 per share.

After this transaction, the total number of options issued in Borregaard shares

is 1,912,000. Borregaard owns 405,996 treasury shares representing 0.41% of

total shares outstanding.

Borregaard ASA

Sarpsborg, 23 April 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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