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NKT issues millions of new equity shares to raise large sum

The Danish cable company emits more than 10 million new stock shares in a move to raise cash.

Photo: NKT/BILDBYRÅN

NKT is issuing 10,744,009 new shares priced at DKK 122 (EUR 16.37) apiece in an equity emission, the company informs in a stock exchange notice Thursday morning.

If successful in subscribing the new shares, the prospectus will raise DKK 1.311 billion.

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