Recent Updates — CDLR
Cadeler A/S will suspend trading in its shares on the Oslo Stock Exchange effective around November 5, 2026, to prevent simultaneous listing during its redomiciliation from Denmark to the United Kingdom. Following a completed voluntary exchange offer where shareholders swap Cadeler A/S shares for Cadeler plc shares, the company intends to initiate a compulsory acquisition (squeeze-out) of remaining minority stakes for cash under Danish law. Trading of American Depositary Shares on the New York Stock Exchange will also be suspended around November 5, with delisting expected ten days later. The suspension remains in place until the Oslo delisting is approved by regulators and the squeeze-out process concludes. Cadeler A/S is a pure-play offshore wind installation partner and global leader in turbine transport and installation.
Cadeler plc announced preliminary results of its voluntary share exchange offer to acquire all outstanding shares of Cadeler A/S as part of the parent company's redomiciliation from Denmark to the United Kingdom. The offer period expired on October 28, 2026, with 355,254,085 shares validly tendered, representing a 92.02% acceptance rate that satisfies minimum conditions. Cadeler plc intends to initiate a compulsory squeeze-out of remaining shareholders for cash following completion. Trading on the NYSE and Oslo Stock Exchange is expected to commence around November 5, 2026, with final results announced by November 2. Cadeler A/S is a global leader in offshore wind turbine transport and installation.
The voluntary share exchange offer by Cadeler plc to shareholders of Cadeler A/S in connection with the group's redomiciliation from Denmark to the United Kingdom is scheduled to expire on 28 October 2026 at 5:00 PM Eastern Time. The offer allows holders of Cadeler Shares and American Depositary Shares (ADSs) to exchange each share for one ordinary share in Cadeler plc with a nominal value of USD 1.00. Acceptance forms must be delivered to the receiving agent, DNB Carnegie, by the deadline. The transaction is subject to conditions, including the tendering of shares representing more than 90% of the outstanding voting power. Cadeler A/S is a global leader in offshore wind turbine transport and installation.
Cadeler plc has extended the deadline for its voluntary share exchange offer, which facilitates the parent company's redomiciliation from Denmark to the United Kingdom. The new expiration date is October 28, 2026, at 5:00 PM Eastern Time. As of October 21, approximately 345.5 million shares had been tendered, representing about 89.5% of outstanding shares, falling short of the 90% condition required to complete the transaction. The offer allows shareholders to exchange each Cadeler A/S share for one Cadeler plc share. Cadeler is a global leader in offshore wind turbine transport and installation.
The voluntary share exchange offer by Cadeler plc to shareholders of Cadeler A/S in connection with the group's redomiciliation from Denmark to the United Kingdom is scheduled to expire on 21 October 2026 at 5:00 PM Eastern Time. The offer allows holders of Cadeler Shares and American Depositary Shares (ADSs) to exchange each share for one ordinary share in Cadeler plc with a nominal value of USD 1.00. Acceptance forms must be delivered to the receiving agent, DNB Carnegie, before the deadline. Cadeler plc may extend the offer period up to a total of 10 weeks from its launch on 22 September 2026, with a latest possible expiry date of 1 December 2026. The transaction is subject to conditions, including receiving valid tenders representing more than 90% of outstanding shares. Cadeler A/S is a pure-play offshore wind installation partner and global leader in offshore wind turbine transport and installation.