Borregaard ASA Reports Managerial Transactions in Shares
Transactions Reported by Borregaard ASA's Leadership
Recent developments at Borregaard ASA reveal that Sveinung Heggen, the company's General Counsel, actively engaged in stock option exercises and share transactions. He exercised a total of 15,000 stock options at a strike price of NOK 87.60 per share. In separate transactions, he also purchased and sold the same number of shares. This proactive measure demonstrates a commitment to investing in the company's future.
Details on Stock Options and Share Holdings
The shares involved in these transactions were drawn from Borregaard ASA's treasury stock. Following these movements, Heggen and closely related parties possess a cumulative total of 26,362 shares along with 34,500 stock options in Borregaard.
Current Status of Stock Options
Post-transactions, the overall count of outstanding stock options for Borregaard stands at an impressive 1,129,000. Additionally, the company currently holds 250,200 treasury shares, which account for approximately 0.25% of the total shares outstanding. This reflects Borregaard's solid financial management and strategic visibility into their shareholder structure.
Company Contact Information
For further inquiries regarding these transactions, please reach out to Lotte Kvinlaug, the Investor Relations Officer, at +47 922 86 909. Her expertise ensures that shareholders remain informed about important developments within the company.
Frequently Asked Questions
What transactions did Sveinung Heggen report?
Sveinung Heggen reported exercising 15,000 stock options and carried out comparable buying and selling of shares.
What is the current number of stock options at Borregaard?
The total number of outstanding stock options at Borregaard is now 1,129,000 after recent transactions.
How many shares does Heggen own after his transactions?
After the transactions, Heggen and related parties own a total of 26,362 shares in Borregaard ASA.
What percentage of shares do treasury shares represent?
Borregaard owns 250,200 treasury shares, which is about 0.25% of the total outstanding shares.
Who can I contact for more information on Borregaard's reports?
You can contact Lotte Kvinlaug, the Investor Relations Officer, at +47 922 86 909 for additional insights.
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