Things are going well for cable manufacturer NKT, which set several records in its latest financial statements and expects to continue the positive trends in the future.
The American investment bank Morgan Stanley also has confidence in these future prospects. In any case, the investment bank has been buying up NKT shares and has passed the five percent ownership limit. When a shareholder exceeds five percent ownership, a company is obliged to disclose this.
Morgan Stanley has only just crossed the limit. The company has thus purchased 2,694,452 shares, corresponding to 5.02 percent of the share capital and voting rights in NKT, NKT states in the company announcement.
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