Today 17,000 stock options, granted under Borregaard's option programme, were exercised at a strike price of NOK 42.24 per share. In a related transaction, Borregaard repurchased 14,391 own shares at an average price of NOK 95.56 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 1,384,000. Borregaard owns 366,775 treasury shares representing 0.37% of total shares outstanding.