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2016-05-10

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

10.05.2016: Borregaard ASA ("Borregaard", OSE ticker: BRG)

On 10 May 2016, in connection with Borregaard's option programme, 40,000
options in Borregaard shares were exercised at a strike price of NOK 15.18
per share.

In the same transaction, Borregaard repurchased 40,000 own shares at an
average price of NOK 59.79 per share. The repurchase is conducted in
accordance with a proxy given at the Ordinary General Meeting held on 13
April 2016.

After the transaction, the total number of options issued in Borregaard shares
is 1,113,800. Borregaard owns 448,880 treasury shares representing 0.45% of
total shares outstanding.

Borregaard ASA
Sarpsborg, 10 May 2016

Contact
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.

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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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