Cadeler A/S announced that it has received the following major shareholder notification pursuant to Section 38 of the Danish Capital Markets Act and Section 55 of the Danish Companies Act, respectively, regarding direct and indirect holdings of shares in Cadeler.
BW Altor Pte. Ltd.’s direct shareholding in Cadeler has changed in connection with the final results and initiation of settlement of the share exchange offer by Cadeler plc in connection with the contemplated redomiciliation of the Cadeler Group’s parent company from Denmark to the United Kingdom. For further information, reference is made to the stock exchange announcement published by Cadeler on 2 November 2026 regarding final results of the Offer.
In connection with the Offer, BW Altor has tendered 109,352,091 Cadeler shares, each with a nominal value of DKK 1.00 (corresponding to approximately 28.33% of the total share capital and voting rights) in exchange for 109,352,090 shares in Cadeler plc, each with a nominal value of USD 1.00.
As a result of the Offer, BW Altor no longer directly holds any shares and voting rights in Cadeler. However, BW Altor will hold the same number of shares in Cadeler plc as the number it held in Cadeler prior to the settlement of the Offer, which corresponds to 30.77% of the total share capital and voting rights of Cadeler plc (as 7.94% of the Cadeler shareholders did not tender and exchange their Cadeler shares pursuant to the Offer).
BW Altor Pte. Ltd. is a limited liability company organised under the laws of The Republic of Singapore under the registration number 202035228G with its registered address at 10 Pasir Panjang Road #18-01, Mapletree Business City, Singapore 117438. BW Altor Pte. Ltd. is ultimately controlled by Andreas Sohmen-Pao.