Following today's announcement from The Ministry of Finance of the Kingdom of Denmark, DONG Energy A/S confirms its readiness for an IPO and a listing on OMX Nordic Exchange Copenhagen A/S.
The initial public offering is expected to comprise a sale of existing shares to Danish institutional and Danish private investors, as well as to international institutional investors. Prior to the planned offering of shares, DONG Energy's shareholders are the Kingdom of Denmark (73.0%), SEAS-NVE Holding A/S (10.9%), and former shareholders of Elsam A/S (16.1%).
“As a leading Northern European integrated energy company, this is a major step in DONG Energy's development. We see attractive opportunities for creating additional growth in the years ahead and expanding our position in Northern Europe. We are pleased to be able to offer new investors the opportunity to take part in the future growth of our company,” said Anders Eldrup, CEO of DONG Energy A/S.
Citi, Danske Markets and Morgan Stanley are Joint Global Co-ordinators and Joint Bookrunners for DONG Energy's IPO. Nordea is Joint Lead Manager. ABN AMRO, Carnegie and SEB Enskilda are Co-Lead Managers.