Borregaard ASA: Stock options exercised, repurchase of own shares
May 23 2019 - 10:21AM
Borregaard ASA: Stock options exercised, repurchase of own shares
Today 20,000 stock options, granted under Borregaard’s option
programme, were exercised at a strike price of NOK 38.75 per
share.
In a related transaction, Borregaard repurchased 16,877 own
shares at an average price of NOK 92.87 per share. The repurchase
is conducted in accordance with a proxy given at the Ordinary
General Meeting held on 11 April 2019.
After this transaction, the total number of options issued in
Borregaard shares is 1,692,000. Borregaard owns 388,602 treasury
shares representing 0.39% of total shares outstanding.
Borregaard ASA Sarpsborg, 23 May 2019
This information is subject to the disclosure requirements
pursuant to Section 5 -12 of the Norwegian Securities Trading
Act.