NKT — Share Issue/Capital Change 2016

Mar 14, 2016

Nasdaq Copenhagen
Nikolaj Plads 6
DK - 1007 Copenhagen K

14 March 2016
Announcement no. 8

Exercise of warrants - increase of NKT Holding’s share capital
Following requests from a number of employees to exercise their warrants from
the share option programmes issued in

• 2010 (Company Announcement No. 26 of 29 December 2010),
• 2011 (Company Announcement No. 17 of 16 November 2011) and
• 2013 (Company Announcement No. 1 of 4 January 2013)

the share capital of NKT Holding will be increased by the issue of 170,150
shares of a nominal value of DKK 20 each. The share capital will thus be
increased by a total nominal amount of DKK 3,403,000.

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 329.70 (87,100 shares), DKK 233.92 (28,100 shares) and DKK 215.78 (54,950
shares) respectively per nominal DKK 20 share.

Following the increase in share capital, NKT Holding’s registered share capital
will comprise a total of 24,356,379 shares of a nominal value of DKK 20,
corresponding to a total nominal share capital of DKK 487,127,580.

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 new shares will convey right to dividend for the financial year 2015. 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