Exercise of warrants - increase of Group share capital
19 Apr 2007 14:08 |
Own shares
Further to our Release No. 4 of 16 March 2007 we can inform you that anadditional number of warrants have been exercised in the period 16 March - 15April 2007 as stated below. 76,200 shares have been subscribed for based on warrants issued in 2004, asdetailed in NKT's Stock Exchange Release No. 3 of 9 January 2004. Thesubscription price will be 106.5 DKK per nominal 20 DKK share. Insider transactionsThe exercised warrants referred to above include 44,000 shares exercised bymembers of the NKT Group Management (see Stock Exchange Release No. 7 of 19April 2007). Increase of Group share capital As a result of the above, NKT Holding's share capital will be increased by theissue of 76,200 shares of a nominal value of 20 DKK. The share capital willthus be increased by a total nominal amount of 1,524,000 DKK. Following the increase, NKT's registered share capital will comprise a total of23,637,555 NKT shares of a nominal value of 20 DKK, corresponding to a totalnominal share capital of 472,751,100 DKK. The increase in share capital will be entered in Article 3 of NKT's Articles ofAssociation. ConsequencesThe increase in capital described above will not affect the NKT Group'sexpected results for 2007. QuestionsPlease address any questions concerning the above to the undersigned ontelephone number +45 4348 2000.Yours faithfully NKT Holding A/SThomas Hofman-BangPresident and CEO