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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 Tuva Barnholt, Vice President of Purchasing and Strategic Sourcing,
exercised 35 000 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 94 478 own shares from the
primary insider Tuva Barnholt 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, Tuva Barnholt owns 28 293 shares and 0 options in

After the transaction, the total number of options issued in Borregaard shares
is 1 325 800. Borregaard owns 851 104 treasury shares representing 0.85% 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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