Mergers & Acquisitions ·
Cadeler suspends trading in shares and ADSs ahead of UK redomiciliation and squeeze-out
CDLRCadeler A/S
Trading in Cadeler A/S shares on the Oslo Stock Exchange is suspended today, 5 November 2026, pending delisting. Trading of American Depositary Shares (ADSs) on the New York Stock Exchange is also expected to be suspended before market open, with delisting effective in 10 days and termination of the depositary receipt programme. This action follows a voluntary exchange offer by Cadeler plc to convert Danish shares into UK-listed equity as part of the group's redomiciliation from Denmark to the United Kingdom. Cadeler plc intends to initiate a compulsory acquisition (squeeze-out) of remaining shares not tendered in the offer, with a notice expected on or about 9 November 2026 requiring transfer within four weeks. The company operates in the offshore wind sector, providing turbine transport and installation services globally.