Today 16,147 stock options, granted under Borregaard's option programme, were exercised at a strike price ofNOK 42.24 per share. In a related transaction, Borregaard repurchased 13,465 own shares at an average price ofNOK 111.07 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on11 April 2019 . After this transaction, the total number of options issued in Borregaard shares is 1,638,207. Borregaard owns 351,701 treasury shares representing 0.35% of total shares outstanding.Borregaard ASA Sarpsborg,20 February 2020 This information is subject to the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act.
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