DSV A/S Successfully Completes Registration of Capital Increase
DSV A/S is excited to announce the successful completion of a significant capital increase. This step involves the registration of 26,444,523 new shares, which represents a crucial development for the company.
Details of the Capital Increase
The capital increase is part of a directed issue and private placement that raised gross proceeds totaling DKK 37.3 billion, or approximately EUR 5 billion. This strategic move enhances DSV’s financial foundation and positions the company favorably for future investments and growth opportunities.
Impact of the New Shares on DSV's Capital Structure
With this capital increase, DSV's total share capital now consists of 240,444,523 shares, each having a nominal value of DKK 1.00. The newly issued shares make up approximately 12.4% of the registered share capital prior to the increase and will account for around 11.0% afterward.
Rights Conferred by the New Shares
The new shares will rank equally with the existing shares, ensuring that investors benefit from the same rights in aspects such as voting and dividends. These rights will apply from the moment the capital increase is approved by the Danish Business Authority.
Trading of New Shares on Nasdaq Copenhagen
The new shares have been assigned a temporary ISIN code (DK0063294467) and are anticipated to commence trading on Nasdaq Copenhagen shortly. The shares will transition to their permanent ISIN code (DK0060079531) on the specified trading date, further enhancing their liquidity.
Role of Joint Global Coordinators
In this capital increase, several esteemed financial institutions have played pivotal roles as Joint Global Coordinators and Bookrunners. These include BNP Paribas, Danske Bank A/S, HSBC Continental Europe S.A., J.P. Morgan SE, and Nordea Danmark, Filial af Nordea Bank Abp, Finland. Their involvement underscores the confidence and strategic vision surrounding this capital increase.
Legal Advisors for the Offering
Moalem Weitemeyer and Freshfields have been engaged as legal counsel for DSV on both domestic and international levels. This ensures that all regulatory requirements are met in the process of issuing the new shares. Furthermore, Plesner Advokatpartnerselskab and Clifford Chance (US) have been retained as advisors to the Joint Global Coordinators, providing additional legal insight.
Investor Relations Contacts
For any inquiries regarding this capital increase or for further information, investors may reach out to:
**Stig Frederiksen**
Tel: +45 43 20 36 38
Email: stig.frederiksen@dsv.com
**Alexander Plenborg**
Tel: +45 43 20 33 73
Email: alexander.plenborg@dsv.com
**Media Inquiries**
**Jonatan Rying Larsen**
Tel: +45 25 41 77 37
Email: press@dsv.com
Frequently Asked Questions
What was the purpose of the capital increase by DSV A/S?
The capital increase aimed to raise funds to bolster DSV's financial position and support its growth strategy.
How many new shares were registered?
DSV registered a total of 26,444,523 new shares as part of the capital increase.
When will the new shares start trading?
The new shares are expected to commence trading on Nasdaq Copenhagen on the specified trading date following their registration.
Who acted as advisors for DSV during this process?
Several financial and legal advisors participated, including BNP Paribas, Danske Bank A/S, and Moalem Weitemeyer.
What are the rights associated with the new shares?
The new shares carry the same rights as existing shares, including voting and dividend rights, effective from their registration.
