Further to the message to the Stock Exchange No. 19-2002 dated 27 May 2002, it is hereby announced that FLS Industries has received an offer from a group of investors to buy FLS Industries' remaining 6.2% investment in NKT Holding.
According to the terms and conditions of their bid, the group of investors offer to acquire 1,532,563 NKT Holding shares at DKK 89 per share, this being the price offered by Aktieselskabet POTAGUA for the other 5,025,000 NKT Holding shares controlled by FLS Industries. The offer is valid until Tuesday 11 June 2002 at 12.00 a.m.
FLS Industries and Nordea Securities will together assess the offers received - and FLS still invites any other parties interested in acquiring the shareholding to express their interest as soon as possible.
FLS Industries A/S
Corporate Public Relation