Nasdaq Copenhagen
Nikolaj Plads 6
DK-1007 Copenhagen K

15 August 2016
Announcement No. 37

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 32:

                                 Number of  Average purchase price,  Amount, DKK
                                    shares                      DKK             
Accumulated last                   712,121                           250,879,265
 announcement                                                                   
8 August 2016                        2,982                   353.73    1,054,808
9 August 2016                        2,805                   352.69      989,308
10 August 2016                      12,994                   350.53    4,554,832
11 August 2016                       4,098                   356.33    1,460,227
12 August 2016                       5,804                   358.48    2,080,636
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Accumulated under the              740,804                           261,019,076
 programme                                                                      

Including these transactions, NKT owns a total of 818,229 shares, corresponding
to 3.36% of the share capital. 

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