DONG Energy announces the result of its Initial Public Offering

DONG Energy has announced the result of its initial public offering on Nasdaq Copenhagen, including the final offer price of DKK235 (US$35.54) per offer share. 

The total number of shares, excluding any shares comprised by the overallotment option, sold in the offering was 72,834,393, equalling 17.4% of the company's share capital. Retail investors in Denmark have been allocated approximately 10% of the offer shares, and 90% have been allocated to Danish and international institutional investors.

Claus Hjort Frederiksen, Danish Minister of Finance, commented:

“As a representative of the majority shareholder I’m pleased to see that there has been a lot of interest in becoming part of the ownership of DONG Energy – both among retail and professional investors. It gives DONG Energy a solid foundation to retain and develop its position as one of the leading green energy companies in the world. Recognition goes to the management and employees, for all of their hard work in connection with the IPO.” 

Thomas Thune Andersen, Chairman of DONG Energy, commented:

“It’s a privilege to welcome all new shareholders, both the professional investors and the many Danish private investors. I see it as a vote of confidence in the management and the many talented and dedicated employees, who persistently strive to make DONG Energy a world-leading renewable energy company. I’m looking forward to continuing the development of the company with our new and existing shareholders.” 

Henrik Poulsen, CEO of DONG Energy, commented:

"I’m pleased with the positive feedback received from investors all around the world and the trust they have shown us by becoming shareholders in DONG Energy. We’ll work hard to deliver on their expectations as we continue to lead the transition to a more sustainable energy system. All DONG Energy employees should take pride in having built one of the fastest growing, greenest, and most innovative energy groups in Europe."