Registration of share capital increase of 4,951,106 new shares completed

Company Announcement

15 May 2020
Announcement No. 12

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Registration of share capital increase of 4,951,106 new shares completed

NKT A/S (NKT or the Company) has in connection with the directed issue and private placement today registered with the Danish Business Authority the capital increase of a nominal value of DKK 99,022,120 (4,951,106 shares of DKK 20 each) (the New Shares), representing 18.15 % of the registered share capital prior to the capital increase.

The New Shares are expected to be admitted to trading and official listing under the permanent ISIN code DK0010287663 on Nasdaq Copenhagen A/S with effect from 18 May 2020.

After registration of the share capital increase, the share capital of NKT amounts to nominally DKK 644,640,540 divided into 32,232,027 shares of DKK 20 each. The total number of voting rights in NKT are 32,232,027.

Reference is made to company announcements no. 9 and 11 of 13 May 2020.

An updated version of the Articles of Association is attached and can also be found at www.nkt.com.

Contact
Investor Relations:    Michael Nass Nielsen, Head of Investor Relations, tel: [phone]
Press:                          Helle Gudiksen, Head of Group Communications, tel: [phone]

Important disclaimer

This company announcement contains forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties, in particular this announcement should not be construed as a confirmation neither that the Offering will complete, nor of the deal size or the price. Therefore, actual future results may differ materially from what is forecast in this report due to a variety of factors.

This announcement is intended for the sole purpose of providing information. Persons needing advice should consult an independent financial adviser. This announcement does not constitute an investment recommendation.

This announcement is not a prospectus and investors should not purchase any securities referred to in this announcement on the basis of this announcement. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purposes whatsoever on the information contained in this announcement or on its completeness, accuracy or fairness. The information in this announcement is subject to change. No obligation is undertaken to update this announcement or to correct any inaccuracies, and the distribution of this announcement shall not be deemed to be any form of commitment on the part of the Company to proceed with any transaction or arrangement referred to herein. This announcement has not been approved by any competent regulatory authority.