DONG Energy A/S: Capital increase completed, employee share

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DONG Energy A/S: Capital increase completed, employee share scheme to be launched

The capital increase in DONG Energy A/S, whereby funds managed by Goldman Sachs through New Energy Investment s.à r.l., the Danish pension funds Arbejdsmarkedets Tillægspension and PFA Pension, Forsikringsaktieselskab and the existing minority shareholders SEAS-NVE, SYD ENERGI, Insero Horsens and Nyfors Entreprise will inject a total of DKK 13,050 million into the company, has now been completed.

In connection with the capital increase, management and employees will be offered the opportunity to subscribe for shares in DONG Energy A/S.

The share schemes consist of a general share scheme aimed at employees and a specific share scheme aimed at executives. For employees in the general share scheme the price will be DKK 80.4365124 per employee share, corresponding to a discount of 25% to market value, while for executives the price will be DKK 107.2486831 per employee share, corresponding to market value.

Depending on factors such as the development in the value of DONG Energy A/S, those who participate in the share schemes will be entitled, in connection with an initial public offering  (IPO) or in 2019 at the latest, to rights to matching shares corresponding to between 0 and 125% of their share purchases.

The purpose of the share schemes is to offer employees, management and the company’s shareholders a common opportunity  to support and participate in value creation in DONG Energy A/S in the period up to a possible IPO of the company. The share schemes also feature a significant retention element as participants will forfeit their eligibility for matching shares if they give notice of termination to the company before a possible IPO.

The information provided in this announcement does not change DONG Energy’s previous financial guidance for the 2014 financial year or the announced expected investment level for 2014-2015.

For further information, please contact:

Media Relations Karsten Anker Petersen +45 9955 9662

Investor Relations Allan Bødskov Andersen +45 9955 9769 DONG Energy is one of the leading energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. DONG Energy has around 6,500 employees and is headquartered in Denmark. The Group generated DKK 73 billion (EUR 9.8 billion) in revenue in 2013. For further information, see www.dongenergy.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

SOTERIA Launches Cancer Hunt™ for Military Patients

Updated Category News Views 66

Breaking the Barriers for Our Military's Cancer Fight Diving into the world of precision medicine, SOTERIA Precision Medicine Foundation has sparked a revolution with Cancer Hunt™. It's staggering to think about the piles of bureaucracy and insurance red tape that often stand between cancer patients and life-saving care. Especially when those patients are veterans or...

Continue Reading
Barco Brings HDR Cinema Home with Kinepolis Kortrijk

Updated Category News Views 230

A New Chapter in Cinema Projection Ah, Belgium, the land of waffles and apparently, cutting-edge cinema tech. That's right, Barco is bringing their HDR by Barco system to its own backyard in Kortrijk, teaming up with Kinepolis to shake things up. It's not just any expansion—it's a homecoming of sorts. The company's laser cinema magic has already made face time in the...

Continue Reading
Hanwha's Big Bet: Tokenizing Real-World Assets with Chainlink

Updated Category News Views 39

Hanwha and Chainlink: A Game Changer in Tokenization What do Hanwha Investment & Securities, a heavyweight in Korea's finance scene, and Chainlink, the wizard of onchain finance, think they're up to? They're buddies now, locked and loaded, to tokenize real-world assets (RWAs). They're not just shaking hands; they're aiming to jiggle the global finance bedrock....

Continue Reading
Banco Santander's Troubles: Legal Heat on SAN

Updated Category News Views 129

Brazilian Turbulence Shakes Banco Santander Imagine getting hit twice in a single week, once by a surprise election result and again by numbers that don't add up. That's the gut-wrenching scenario Banco Santander's (NYSE: SAN) investors are facing. After Brazil's unexpected election outcome, investor jitters translated into a 3.7% drop on October 26, 2026. Not two days...

Continue Reading
JAS Hits Top 1% in EcoVadis Sustainability Rankings

Updated Category News Views 57

A Platinum Performance in EcoVadis Ratings JAS Worldwide, hustling around in the logistics and supply chain sector, just nailed a spot in the much-coveted top 1% bracket for sustainability according to EcoVadis. We’re talking about a company that’s not only steering the mammoth ships of logistics but now it’s also wearing sustainability like a crown. This...

Continue Reading
Kuvings Unveils Hands-Free Juicer for Healthy Living

Updated Category News Views 0

A Fresh Squeeze in the Juice World If you've ever wanted something that makes that morning juice without you running a marathon in your own kitchen, Kuvings might just have the answer with their new AUTO10 SQUARE™ Plus. Announced on October 30, 2026, this isn't just another fancy named gadget—it actually shakes things up with a hands-free design that’s tailored for...

Continue Reading
Birth Injury Lawsuit Secures $19.1M Award in Michigan

Updated Category News Views 30

Legal Triumph for Sokolove's Birth Injury Case There are days when you see a win in the courtroom and think maybe, just maybe, justice ain't just a fairytale. Today, that thought knocks heavier with news rolling out of Michigan—an astronomical $19.1 million awarded to a family by a federal judge after a botched birth led to lifelong medical issues. You've got Sokolove...

Continue Reading
Geolava, Vaidio, Sensoneo Triumph in Texas Pitch Contest

Updated Category News Views 98

North Texas Lights the Innovation Torch Big moves are happening in North Texas, with a pitch competition that's more than just smoke and mirrors. We're talking about an arena where regional challenges meet cutting-edge solutions, and out of a global mix, Geolava, Vaidio, and Sensoneo snagged the 2026 North Texas Connected Innovation Pitch Contest crown. It's high stakes...

Continue Reading
Cohere's CAD $7 Billion Raise Signals AI Power Shift

Updated Category News Views 149

Changing the Game: Cohere's Massive Series E Raise There's a seismic shift happening up north, and it’s not the aurora borealis. Cohere just announced the initial close of a staggering CAD $7 billion Series E funding round, eyeing a CAD $35.7 billion valuation. If it pans out, it’d be the kind of cash grab that's never been seen in Canadian tech history. Why This...

Continue Reading
ACTEC Welcomes 55 New Fellows: A Closer Look

Updated Category News Views 115

Coffee's brewing hot, and so are the stakes at ACTEC, where 55 new Fellows just got the nod. The American College of Trust and Estate Counsel isn't your average club. They've been at this game since 1949, bringing together the finest minds in trusts and estates. But what does this newest batch bring to the table, and why should investors take a moment to notice? A Diverse...

Continue Reading

Top 5 Most Recently Viewed Articles

Artiva Biotherapeutics Highlights Participation in Key Conference

Updated Category News Views 166

Artiva Biotherapeutics to Showcase at Annual Health Care Conference Artiva Biotherapeutics, Inc. (NASDAQ: ARTV), a pioneering clinical-stage biotechnology firm, is set to make a significant presence at the TD Cowen 45th Annual Health Care Conference. The event will be held on a Wednesday in the near future, featuring Artiva’s management team who will deliver a...

Continue Reading
Propel Holdings Achieves Remarkable Growth and Dividend Boost

Updated Category News Views 212

Propel Holdings Reports Impressive Financial Results Propel Holdings Inc. (TSX: PRL) has achieved remarkable financial results in its latest quarter, marked by record revenue and an increase in its dividend, showcasing its commitment to supporting underserved consumers. The fintech company, which operates various brands and platforms, has successfully navigated a...

Continue Reading
Ladder Capital Corp's Q3 2024 Financial Performance Revealed

Updated Category News Views 81

Ladder Capital Corp Reports Strong Q3 2024 Financial Results Ladder Capital Corp (NYSE: LADR) has announced its operating results for the quarter that recently concluded. The company reported a GAAP income before taxes of $28.5 million during this period, resulting in a diluted earnings per share (EPS) of $0.22. Additionally, Ladder achieved $37.7 million in distributable...

Continue Reading
IQSTEL Achieves $57.6M in Q1 Revenue, Eyes $1 Billion by 2027

Updated Category News Views 183

IQSTEL Reports Robust Q1 Revenue Performance IQSTEL Inc. (NASDAQ: IQST), a leading multinational technology and telecommunications provider, recently unveiled its Q1 revenue results. The company earned an impressive $57.6 million, showcasing a 12% year-over-year increase, as mentioned in its inaugural NASDAQ shareholder letter. A Vision for $1 Billion Revenue CEO Leandro...

Continue Reading
WesBanco's Growth Boosted by Successful Premier Acquisition

Updated Category News Views 223

WesBanco's Ambitious Expansion Strategy WesBanco, Inc. (NASDAQ: WSBC), a leading financial services provider, has recently undertaken a significant step in enhancing its regional presence. This transformation comes with the successful integration of Premier Financial Corp.'s approximately 400,000 consumer and 50,000 business accounts into its operations. This is a...

Continue Reading