Borregaard ASA: Stock options exercised, repurchase of own shares
Today 20,000 stock options, granted under Borregaard’s option programme, were exercised at a strike price of NOK 38.75 per share.
In a related transaction, Borregaard repurchased 16,774 own shares at an average price of NOK 97.35 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on 11 April 2019.
After this transaction, the total number of options issued in Borregaard shares is 1,531,000. Borregaard owns 382,998 treasury shares representing 0.38% of total shares outstanding.
Sarpsborg, 28 May 2019
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.