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Borregaard: Mandatory notification of trade options - Primary insider - repurchasing of own shares

02.05.2014: Borregaard ASA ("Borregaard", OSE ticker: BRG)

On 2 May 2014, in connection with Borregaard's option programme, primary
insider Per Bjarne Lyngstad, Senior Vice President and Chief Financial
Officer of Borregaard ASA, exercised 95 000 options in Borregaard shares at a
strike price of NOK 17.93 per share and 100 000 options in Borregaard shares
at a strike price of NOK 20.40 per share.

In the same transaction, Borregaard repurchased 165 000 own shares from the
primary insider Per Bjarne Lyngstad at an average price of NOK 43.2184 per
share. The repurchase is conducted in accordance with a proxy given at the
Ordinary General Meeting held on 23 April 2014.

After the transaction, Per Bjarne Lyngstad owns 52 721 shares and 10 000
options in Borregaard.

After the transaction, the total number of options issued in Borregaard shares
is 1 567 000. Borregaard owns 883 933 treasury shares representing 0.88% of
total shares outstanding.

Borregaard ASA
Sarpsborg, 2 May 2014

Lotte Kvinlaug, Investor Relations Officer, + 47 922 86 909

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Borregaard via Globenewswire


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