BORREGAARD ASA 17.02.2020:Borregaard ASA ("Borregaard", OSE ticker: BRG) On17 February 2020 the following primary insiders exercised Borregaard stock options:Per Bjarne Lyngstad , Chief Financial Officer, exercised 30,000 stock options at a strike price ofNOK 42.24 per share. In the same transaction, Borregaard repurchased 26,800 own shares fromPer Bjarne Lyngstad at an average price ofNOK 103.35 per share. As a result of this transaction,Per Bjarne Lyngstad owns 60,009 shares and has 77,000 stock options in Borregaard.Liv Longva , Vice President Strategic Sourcing, exercised 15,000 stock options at a strike price ofNOK 42.24 per share. In the same transaction, Borregaard repurchased 12,623 own shares fromLiv Longva at an average price ofNOK 103.35 per share. As a result of this transaction,Liv Longva owns 10,492 shares and has 30,000 stock options in Borregaard. Borregaard's repurchase of own shares as described above was conducted in accordance with the proxy given at the Ordinary General Meeting held on11 April 2019 . The total number of outstanding Borregaard stock options following today's transactions is 1,694,000. Borregaard owns 358,843 treasury shares, representing 0.36% of the total number of shares outstanding.Borregaard ASA Sarpsborg,17 February 2020 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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