DONG Energy confirms its intention to proceed with the next step towards an IPO and listing on Nasdaq Copenhagen. Barring unforeseen circumstances and subject to prevailing market conditions, the IPO could be launched for a listing in summer 2016.
The Kingdom of Denmark, as majority shareholder, will sell part of its current shareholding in the IPO, while maintaining a 50.1% shareholding in DONG Energy after the IPO. The intended IPO is expected to consist of a sale of at least 15 per cent of the existing shares in the company through a partial sell-down by the current shareholders of Dong Energy other than employee shareholders. The final offer size will be communicated in connection with the publication of the prospectus by the Company. No new share capital will be issued in the IPO. The Company is currently owned by the Kingdom of Denmark (58.8%), New Energy Investment (17.9%), SEAS-NVE Holding (10.8%), ATP (4.9%) and other shareholders (7.6%).
