NKT A/S announces expiration date for tender offer regarding securities
Investor News
12 March 2026
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT
Reference is made to NKT A/S’ (the “Issuer”) Investor News published 10 March 2026, according to which the Issuer, in connection with a possible issue of new EUR denominated green callable subordinated capital securities with an expected issue size of EUR 150,000,000 (the “New Green Subordinated Capital Securities”), is offering holders of the Issuer’s outstanding EUR 150m Callable Subordinated Capital Securities due 3022 with ISIN code DK0030510995 (the “Securities”) to tender Securities for purchase by the Issuer for cash at a price of 101.300% of the nominal amount (the “Tender Offer”) and subject to the terms set forth in the tender information document dated 10 March 2026 (the “Tender Information Document”).
In accordance with the Tender Information Document the Issuer hereby announces that the Tender Offer will expire at 4:00 pm CET on 13 March 2026. This is conditional upon a successful completion of the book building process for the New Green Subordinated Capital Securities and in accordance with the terms and conditions of the Tender Information Document, unless the Tender Offer is amended, extended, re-opened, withdrawn or terminated at the sole and absolute discretion of the Issuer. The settlement of the Tender Offer is expected to occur on 19 March 2026.
Dealer Managers:
Danske Bank A/S: [email protected]
Nordea Bank Abp: [email protected]
Nykredit Bank A/S: [email protected]
Skandinaviska Enskilda Banken AB (publ): [email protected]
Contact
Investors
Jacob Johansen, Head of Investor Relations
+45 2169 3591 / [email protected]
Press
Louise Westh Naldal, Head of Group Communications
+45 2982 0022 / [email protected]