Company AnnouncementAnnouncement No. 20On 24 June 2022, the Company announced the entry into an agreement to divest NKT Photonics to Photonics Management Europe S.R.L, a 100 percent owned subsidiary of Hamamatsu Photonics K.K. (jointly HamamatsuCertain members of the Company’s Board of Directors and Executive Management who hold shares in the Company have indicated that they intend to exercise their pre-emptive rights.As further described in the prospectus, the Company maintains its present prospective financial information for the financial year ending 31 December 2023 and its medium-term ambitions as announced in company announcement no. 18 of 24 May 2023.Below is a summary of the main terms of the Offering. Reference is made to the prospectus for a detailed description of the terms of the rights issue.The Company will host a teleconference for eligible investors and financial analysts on 8 June 2023 at 11.00 a.m. CEST. Participation in the teleconference requires registration via following link while the teleconference with access to ask questions can be accessed via following link.Danske Bank A/S, J.P. Morgan SE and Nordea Danmark, filial af Nordea Bank Abp, Finland (collectively, the Joint Global CoordinatorsFollowing publication, the prospectus containing detailed information on the Company and the Offering will, subject to certain restrictions, be available on the Company’s website investors.nkt.com. Apart from information that is incorporated into the prospectus by reference, the contents of the website of the Company does not form part of the prospectus.Investor Relations:         Michael Nass Nielsen, Head of Investor Relations, tel.: +45 2494 1654
Media Relations:         Louise W. Naldal, Head of Group Communications, tel.: +45 2982 0022
(GlobeNewsWire)