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

05.05.2014: Borregaard ASA ("Borregaard", OSE ticker: BRG)

On 5 May 2014, in connection with Borregaard's option programme, primary
insider Ole Gunnar Jakobsen, Plant Manager at Sarpsborg, exercised 46 200
options in Borregaard shares at a strike price of NOK 17.93 per share and 75
000 options in Borregaard shares at a strike price of NOK 20.40 per share.

In the same transaction, Borregaard repurchased 103 893 own shares from the
primary insider Ole Gunnar Jakobsen at an average price of NOK 43.0695 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, Ole Gunnar Jakobsen owns 27 488 shares and 6 300
options in Borregaard.

After the transaction, the total number of options issued in Borregaard shares
is 1 445 800. Borregaard owns 866 626 treasury shares representing 0.87% of
total shares outstanding.

Borregaard ASA
Sarpsborg, 5 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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