Borregaard ASA: Mandatory notification of trade - stock options, primary insider, repurchase of own shares
Today primary insider Kristin Misund, Senior Vice President (SVP) R&D and Business Development, exercised 12,000 stock options at a strike price of NOK 94.06 per share.
In a related transaction, Borregaard repurchased 12,000 own shares from Kristin Misund at an average price of NOK 132.80 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on 15 June 2020.
After the transaction, Kristin Misund owns 59,317 shares and holds 25,000 stock options in Borregaard.
The total number of outstanding Borregaard stock options following this transaction is 1,428,000. Borregaard owns 384,678 treasury shares, representing 0.38% of the total number of shares outstanding.
Sarpsborg, 8 December 2020
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.