Cadeler completes share exchange offer for Cadeler A/S
CDLR•Cadeler completed its one-for-one share exchange offer on November 5, 2026, moving the group’s parent from Denmark to Britain. About 7.94% of shares were not tendered; Cadeler plans to acquire the remaining shares for NOK 58.42 each.
1. Offer completed
Cadeler completed its one-for-one share exchange offer for Cadeler A/S on November 5, 2026, moving the group’s parent from Denmark to Britain. About 7.94% of shares were not tendered, increasing participating shareholders’ relative ownership by 8.62%.
2. Remaining shares
With more than 90% of outstanding shares and voting power, Cadeler plans to acquire the remaining shares for NOK 58.42 each. A squeeze-out notice is expected around November 9, starting a four-week transfer period before compulsory acquisition. Shares in the new parent begin trading on the New York and Oslo stock exchanges on November 5 under ticker CDLR.
