In its messages to the Stock Exchange No. 19-2002 dated 27 May 2002 and No. 20-2002 dated 30 May 2002, FLS Industries announced that it had received offers to buy the company's shares in NKT Holding at the price of DKK 89 per share.
FLS Industries and its financial advisor, Nordea Securities, have subsequently been in contact with the offerers and other prospective buyers of the shares, which has resulted in FLS Industries having today agreed to sell 5,025,000 NKT Holding shares (representing 20.1% of the share capital of NKT Holding) to POTAGUA and 1,542,563 NKT Holding shares (representing 6.2 % of the share capital of NKT Holding) to a group of primarily Danish institutional investors. The agreed selling price is DKK 92 per share.
FLS Industries A/S
Corporate Public Relation