• Transactions in connection with share buyback programme week 38

    Source: Nasdaq GlobeNewswire / 22 Sep 2016 10:38:03   Europe/London

    Nasdaq Copenhagen
    Nikolaj Plads 6
    DK-1007 Copenhagen K

    22 September 2016
    Announcement No. 46

    Transactions in connection with share buyback programme
    On 26 February 2016 NKT launched a share buyback programme of up to DKK 550m, cf. Company Announcement No. 3. The programme is established and structured in accordance with Commission Regulation (EC) No 2273/2003 of 22 December 2003 (the Safe Harbour method) and Regulation (EU) No 596/2014 of the European Parliament and of the Council (MAR) with the objective to initiate an adjustment of NKT’s capital structure in accordance with communicated targets. The share buyback programme will end no later than 31 January 2017.  

    The following transactions have been made under the programme in week 38: 

      Number of shares
     
    Average purchase price, DKK Amount, DKK
    Accumulated last announcement 862,464   307,454,537
    19 September 2016 3,500 375.08 1,312,794
    20 September 2016 4,500 373.55 1,680,970
    Accumulated under the programme 870,464   310,448,300

    Including these transactions, NKT owns a total of 947,889 shares, corresponding to 3.89% of the share capital. 

    The share buyback programme is with reference to Company Announcement no. 45 hereby closed. 

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

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