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Borregaard ASA Reports Managerial Transactions in Shares

Borregaard ASA Reports Managerial Transactions in Shares

Transactions Reported by Borregaard ASA's Leadership

Recent updates from Borregaard ASA indicate that Sveinung Heggen, the company's General Counsel, has been actively involved in stock option exercises and share transactions. He exercised 15,000 stock options at a strike price of NOK 87.60 per share. In addition, he bought and sold the same number of shares in separate transactions. This proactive approach highlights his commitment to investing in the company's future.

Details on Stock Options and Share Holdings

The shares involved in these transactions were taken from Borregaard ASA's treasury stock. As a result of these activities, Heggen and closely associated parties now hold a total of 26,362 shares and 34,500 stock options in Borregaard.

Current Status of Stock Options

After these transactions, the total number of outstanding stock options for Borregaard has reached an impressive 1,129,000. Furthermore, the company currently retains 250,200 treasury shares, which represent approximately 0.25% of the total shares outstanding. This situation reflects Borregaard's strong financial management and strategic insight into their shareholder structure.

Company Contact Information

If you have any questions regarding these transactions, please contact Lotte Kvinlaug, the Investor Relations Officer, at +47 922 86 909. Her expertise ensures that shareholders stay informed about significant developments within the company.

Frequently Asked Questions

What transactions did Sveinung Heggen report?

Sveinung Heggen reported exercising 15,000 stock options and conducted similar 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 currently 1,129,000 following the recent transactions.

How many shares does Heggen own after his transactions?

After these transactions, Heggen and related parties own a total of 26,362 shares in Borregaard ASA.

What percentage of shares do treasury shares represent?

Borregaard has 250,200 treasury shares, which account for about 0.25% of the total outstanding shares.

Who can I contact for more information on Borregaard's reports?

You can reach out to Lotte Kvinlaug, the Investor Relations Officer, at +47 922 86 909 for further information.

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