NKT — Share Issue/Capital Change 2016

Sep 2, 2016

Nasdaq Copenhagen
Nikolaj Plads 6
DK - 1007 Copenhagen K

2 September 2016
Announcement No. 41

Exercise of warrants - increase of NKT Holding’s share capital
Following requests from a number of employees/former employees to exercise
their warrants from the share option programmes issued in 2013 (Company
Announcement No. 1 of 4 January 2013) the share capital of NKT Holding will be
increased by the issue of 41,500 shares of a nominal value of DKK 20 each. The
share capital will thus be increased by a total nominal amount of DKK 830,000.

The shares will be subscribed for based on warrants as detailed in NKT
Holding’s above-mentioned company announcements. The subscription price will be
DKK 211.78 per nominal DKK 20 share.

Following the increase in share capital, NKT Holding’s registered share capital
will comprise a total of 24,397,879 shares of a nominal value of DKK 20,
corresponding to a total nominal share capital of DKK 487,957,580.

The share capital will be registered in Article 3 of NKT's Articles of
Association. An updated version of the Articles of Association is attached and
can also be found at www.nkt.dk.

The increase in the share capital as described above will not affect NKT
Holding’s earnings expectations for 2016.

Investor Relations contact
Lasse Snejbjerg
Vice President
Tel. +45 2913 6607