Cadeler share exchange offer secures 92.02% acceptance
CADL•Cadeler’s share exchange offer received preliminary acceptance for 355,254,085 shares, or 92.02%, exceeding the minimum threshold. Final results are expected by November 2, 2026, and settlement around November 4.
1. Offer passes threshold
Cadeler said its share exchange offer received preliminary acceptance for 355,254,085 shares, representing 92.02% and exceeding the minimum acceptance threshold. Each tendered share is exchanged for one share in the proposed UK parent, relocating the group’s parent from Denmark.
2. Next steps
Final results are expected by November 2, 2026, with settlement around November 4. After completion, the UK parent intends to compulsorily acquire the remaining shares for cash, and its holding is expected to exceed 90%. Trading in the UK parent’s shares on the New York and Oslo stock exchanges is expected around November 5, 2026.
