Mergers & Acquisitions ·
Cadeler plc initiates one-for-one share exchange to redomicile from Denmark to UK
CDLRCadeler A/S
Cadeler A/S has initiated a redomiciliation from Denmark to the United Kingdom through a voluntary share exchange offer by Cadeler plc. The company offers a one-for-one exchange ratio, allowing holders of Cadeler shares and American Depositary Shares (each representing four Cadeler shares) to tender their holdings for Cadeler plc ordinary shares. The offer period runs from September 22, 2026, to October 21, 2026, with settlement expected on or about October 29, 2026. Trading of Cadeler plc shares is anticipated to commence on the Oslo Stock Exchange and NYSE on that same date. The transaction aims to attract a broader international investor base and align the corporate structure with the company's global scale. If more than 90% of shares are tendered, a compulsory squeeze-out for remaining shareholders will follow. Cadeler operates in the offshore wind industry as a leader in turbine transport and installation.