Cadeler A/S filed a Form 6-K on November 3, 2026, disclosing a major shareholding notification following the settlement of a share exchange offer through which Cadeler plc acquired approximately 92.06% of Cadeler A/S shares as part of a planned redomiciliation from Denmark to the United Kingdom.

Key Highlights

  • 92.06% acquired: Cadeler plc acquired 355,404,839 Cadeler A/S shares, corresponding to approximately 92.06% of the total share capital and voting rights.
  • ADS component: The acquired shares include 11,156,931 Cadeler shares represented by American Depositary Shares, each representing four Cadeler shares.
  • Exchange ratio: The consideration consisted of 355,404,838 shares in Cadeler plc, each with a nominal value of USD 1.00, exchanged for the Cadeler A/S shares with a nominal value of DKK 1.00 each.
  • UK redomiciliation: The offer is connected to the contemplated redomiciliation of the Cadeler Group's parent company from Denmark to the United Kingdom.
  • Cadeler plc incorporation: Cadeler plc is incorporated under the laws of England and Wales, company registration number 16337636, with its registered address in Norwich, United Kingdom.
  • No controlling entity: According to the filing, Cadeler plc is not controlled by any natural person or legal entity.

Cadeler plc's Share Exchange Offer: Settlement and Major Shareholding Change

According to the Form 6-K filed by Cadeler A/S (NYSE:CDLR), the company received a major shareholder notification pursuant to Section 38 of the Danish Capital Markets Act and Section 55 of the Danish Companies Act. The notification relates to a change in Cadeler plc's direct shareholding in Cadeler A/S following the final results and initiation of settlement of a share exchange offer. The filing referenced a separate stock exchange announcement published by Cadeler on 2 November 2026 regarding the final results of the offer.

As disclosed in the filing, Cadeler plc acquired 355,404,839 Cadeler A/S shares, each with a nominal value of DKK 1.00, in exchange for 355,404,838 shares in Cadeler plc, each with a nominal value of USD 1.00. The acquired Cadeler A/S shares include 11,156,931 shares represented by American Depositary Shares, with each ADS representing four Cadeler shares. In aggregate, these holdings correspond to approximately 92.06% of the total share capital and voting rights in Cadeler A/S.

The filing states that Cadeler plc is a public limited company incorporated under the laws of England and Wales under company registration number 16337636, with its registered address at Avocet Court, 8 Central Avenue, St. Andrews Business Park, Norwich NR7 0HR, United Kingdom. The filing further states that Cadeler plc is not controlled by any natural person or legal entity, and that its shareholders consist of those Cadeler A/S shareholders who tendered their shares pursuant to the offer. The report was signed by Mikkel Gleerup, Chief Executive Officer, on November 2, 2026.

What Was Disclosed

Cadeler A/S disclosed a major shareholding notification showing that Cadeler plc acquired approximately 92.06% of Cadeler A/S shares through a share exchange offer, representing a step in the planned redomiciliation of the Cadeler Group's parent company from Denmark to the United Kingdom.