On31 August 2020 primary insiderSveinung Heggen , General Counsel, exercised 24,932 stock options at a strike price ofNOK 39.94 per share. In a related transaction, Borregaard repurchased 19,932 own shares fromSveinung Heggen at an average price ofNOK 129.37 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on15 June 2020 . After the transaction,Sveinung Heggen holds 60,068 stock options in Borregaard, and he and related parties own 22,317 Borregaard shares. The total number of outstanding Borregaard stock options following this transaction is 1,530,275. Borregaard owns 401,829 treasury shares, representing 0.40% of the total number of shares outstanding.Borregaard ASA Sarpsborg,31 August 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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