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What does the abbreviation NKT stand for?
NKT stands for Nordiske Kabel og Traadfabriker (Nordic cable and wire factory), which was founded by the Dane Hans Peter Prior in 1891.
When did NKT become a listed company?
NKT became a listed company in 1898.
Where are NKT shares traded?
NKT shares are traded on the Nasdaq Copenhagen Stock Exchange.
How many NKT shares are currently in issue?
As at 8 March 2017 NKT's registered share capital comprised DKK 541,421,340 corresponding to 27,071,067 shares of a nominal value of DKK 20 each. The amount of share capital is stated in Article 3 of the Articles of Association.
How much dividend does NKT pay?
NKT's corporate strategy aims to maintain a stable dividend policy, corresponding to an annual dividend distribution of around one third of the year's net profit.
Please go to 'Dividend' to see dividends for previous years
What is the ex-dividend date?
To be entitled to dividend, the investor must have bought the share on or before the AGM date as three business days must elapse from when the share is purchased until it is received into the investor’s custody (the ex-dividend date). Dividend is paid four business days after the AGM.
When did NKT change its share denomination?
The NKT share denomination was changed from a nominal value of DKK 100 to a nominal value of DKK 20 at the Annual General Meeting in April 2001.
Does NKT issue employee shares?
Employee shares are issued only on very special occasions, the last time being the company's centenary in 1998. These shares were held in trust for five years and released on 1 January 2004.
Does NKT’s warrants programme qualify for tax deduction?
No, NKT’s warrants programme is not tax deductible.
How many women are there on NKT's Board of Directors?
How can I obtain an invitation to the Annual General Meeting?
Please visit the NKT InvestorPortal to register to receive an email or postal invitation to the Annual General Meeting.
How do I submit a proposal to the Annual General Meeting?
Proposals for the Annual General Meeting must be submitted in writing to the company's Board of Directors not later than four weeks prior to the meeting. A proposal submitted later than four weeks prior to the meeting may be included in the agenda if the Board deems that the request has been made in sufficient time for this to take place.
How do I notify a change of address?
Shareholders should notify any changes of address to the custodian bank/financial institute or to VP Investor Service. Printed communications will subsequently be sent to the new address.
How do I subscribe to NKT's news bulletins?
To subscribe: Click here
Does NKT have a Code of Conduct?
Yes. Go to NKT's Business Code of Conduct.
Does NKT run a museum?
NKT’s museum was part of the Exhibition Centre, which opened in 1998 on the occasion of NKT's centenary. However, the Exhibition Centre was closed in January 2015 and the museum collections are now displayed elsewhere.