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Ørsted — Major Shareholding Notification 2016
Jun 9, 2016
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Download source fileNOT FOR RELEASE OR DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
This announcement does not constitute an offering circular and nothing herein
contains an offering of securities. No one should purchase or subscribe for any
securities in DONG Energy A/S ("DONG Energy" or the "Company") except on the
basis of information in the offering circular published by DONG Energy in
connection with the offering and admission of such securities to trading and
official listing on Nasdaq Copenhagen A/S (“Nasdaq Copenhagen”).
Pursuant to section 29 of the Danish Securities Trading Act and Danish
Executive Order no. 1256 of 4 November 2015 on major shareholders, DONG Energy
has today been notified by New Energy Investment S.à r.l. (“NEI”) that NEI has
sold 13,272,435 shares, each with a nominal value of DKK 10, corresponding to a
total nominal amount of DKK 132,724,350 as part of the initial public offering
and admission for listing and trading of DONG Energy's shares on Nasdaq
Copenhagen A/S.
Moreover, DONG Energy has been informed that today NEI lent 5,375,813 shares in
DONG Energy pursuant to a share lending agreement entered into in connection
with the overallotment of shares by the underwriters in connection with the
initial public offering of shares in DONG Energy.
Upon the sale and lending of such shares, NEI holds 55,944,742 shares in DONG
Energy equal to 13.39% of the share capital and voting rights in DONG Energy.
Accordingly, NEI will have reduced its shareholding in DONG Energy below the
threshold of 15 % of the share capital and voting rights in DONG Energy. If the
overallotment option granted by NEI is not exercised in full, shares
corresponding to the unexercised part of the overallotment option will be
redelivered to NEI.
NEI is a limited liability company organized under the laws of Luxembourg under
reg. no. B181487. The address of NEI is 2 Rue de Fossé, L-1536 Luxembourg,
Grand Duchy of Luxembourg.
As at the date hereof, NEI is controlled by New Energy I S.à r.l. (“NE I”) and
New Energy II S.à r.l. (“NE II”). NE I, which possesses the majority of voting
rights in NEI, and NE II are limited liability companies organized under the
laws of Luxembourg and are controlled by entities which are under the control
of the Merchant Banking Division of The Goldman Sachs Group, Inc.. These
entities include Danish Energy Investors B, L.P., a Cayman Islands limited
partnership, which possesses the majority of voting rights in NE I.
The information provided in this announcement does not change DONG Energy’s
previous financial guidance for the 2016 financial year.
For additional information, please contact:
Media Relations
Martin Barlebo
+45 99 55 95 52
Investor Relations
Henrik Brünniche Lund
+45 99 55 97 22
This announcement does not constitute an offer to sell or a solicitation of an
offer to buy or subscribe for any shares or other securities of DONG Energy A/S
or affiliates thereof. The announcement is not directed to any person resident
in any jurisdiction in which the submission or distribution of this
announcement would contravene the law of such jurisdiction. This announcement
may not be distributed to persons resident in any such jurisdiction.
Accordingly this announcement may not be distributed in any jurisdiction
outside Denmark if such distribution would require any registration,
qualification or other requirement. Any person acquiring possession of this
announcement is expected and assumed to obtain on his or her own accord any
necessary information on any applicable restrictions and to comply with such
restrictions.
DONG Energy is one of the leading Energy groups in Northern Europe,
headquartered in Denmark. Around 6,700 ambitious em¬ployees are engaged in
developing, constructing and operating offshore wind farms; generating power
and heat from our power stations; providing energy to residential and business
customers; and producing oil and gas. Group revenue was DKK 71bn (EUR 9.5bn) in
2015. For further information, see www.dongenergy.com.