Cadeler plc: Delivery of shares to accepting shareholders in the voluntary share exchange offer made by Cadeler plc in connection with the redomiciliation of Cadeler from Denmark to the United Kingdom
4 November 2026 - Reference is made to the stock exchange announcement made by Cadeler plc ("Cadeler" or the "Company") on 2 November 2026, regarding the final results of the voluntary offer by Cadeler to all holders of shares in Cadeler A/S, including Cadeler A/S shares represented by American Depositary Shares (each representing four (4) Cadeler A/S shares), to exchange each Cadeler A/S share for one (1) share in Cadeler (the "Offer") in connection with the contemplated redomiciliation of the Cadeler group's parent company from Denmark to the United Kingdom.
Cadeler hereby announces that the 355,404,838 shares issued as consideration to the shareholders of Cadeler A/S (including holders of American Depositary Shares, each representing four (4) shares in Cadeler A/S) who validly accepted the Offer have been delivered in book-entry form through Euronext Securities Oslo (VPS) and the Depository Trust Company (DTC), as applicable. Computershare will dispatch share certificates by mail to holders who elected to receive their Cadeler plc shares in certificated form.
Following settlement, Cadeler has 355,404,839 ordinary shares and 50,000 non-voting preference shares outstanding, all of which have been validly and legally issued and fully paid. Cadeler intends to redeem the preference shares as soon as possible following completion of a capital reduction to be carried out by the Company, pursuant to which the nominal value of each Cadeler share is to be reduced from USD 1.00 to USD 0.01. The capital reduction is expected to be completed in December 2026.
Trading in the shares of Cadeler plc on the Oslo Stock Exchange and on the New York Stock Exchange is expected to commence tomorrow, 5 November 2026, under the ticker code "CDLR".
Any questions regarding the delivery of the Cadeler shares may be directed to DNB Carnegie, part of DNB Bank ASA (tel. +47 91 50 48 00 / e-mail: retail@dnb.no) or Computershare Inc. (tel. 1-866-644-4127 (US or Canada); 1-781-575-2906 (International) / e-mail: web.queries@computershare.com).
For further information, please contact:
Cadeler Press Office: press@cadeler.com
Mikkel Gleerup CEO, Cadeler +45 3246 3102 mikkel.gleerup@cadeler.com
Alexander Simmonds EVP & CLO, Cadeler +44 7376 174172 alexander.simmonds@cadeler.com
About Cadeler
Cadeler plc (Cadeler) is a global leader in offshore wind turbine transport and installation. The company owns and operates the industry's largest fleet of jack-up offshore wind installation vessels and is expanding its capabilities into full-scope foundation transport and installation, as well as operations & maintenance. With its modern fleet and depth of expertise across onshore and offshore operations, Cadeler supports the safe, efficient and reliable delivery of offshore wind projects worldwide. Cadeler is listed on the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange (ticker: CADLR). For more information, please visit www.cadeler.com.