Borregaard: Mandatory notification of trade - primary insider

Tove Andersen, shareholder-elected member of the board of Borregaard ASA (ticker: "BRG"), has on 18 July 2018 acquired 4,000 shares in Borregaard ASA at a price of NOK 75.25 per share. Following this transaction, Tove Andersen owns 4,000 shares in Borregaard ASA.

According to Borregaard's Annual meeting resolution, the board's shareholder-elected members shall use 20% of their gross board remuneration to purchase shares in the company until they own shares equal in value to one year's gross board remuneration. The shares shall be retained for as long as the board member serves on the board.

Contact:
SVP Organisation and Public Affairs, Dag Arthur Aasbø, [phone]

This information is subject to the disclosure requirements pursuant to Section 5 - 12 of the Norwegian Securities Trading Act.

 

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Source: Borregaard via Globenewswire