Cadeler A/S filed a Form 6-K on 4 November 2026 disclosing an amendment to a previously announced PDMR transaction, reporting that a tendering of 87,410 shares by Niki Invest ApS in Cadeler plc's voluntary share exchange offer was not completed.

Key Highlights

  • Reporting entity: Niki Invest ApS, a person closely associated with Ditlev Wedell-Wedellsborg, a member of the Board of Directors of Cadeler A/S.
  • Amendment to prior notice: This filing amends a transaction announced on 2 November 2026.
  • Shares involved: 87,410 Cadeler A/S shares (ISIN DK0061412772), each with a nominal value of DKK 1.
  • Transaction not completed: According to the filing, the receiving agent did not receive Niki Invest ApS's acceptance form before the expiry of the offer period, so the tendered shares were not completed under the offer.
  • Offer terms: The voluntary offer by Cadeler plc proposed to exchange each Cadeler A/S share for one share in Cadeler plc, nominal value USD 1 each.
  • Transaction date: 2 November 2026, executed outside a trading venue (XOFF).

Cadeler A/S Discloses Failed Share Tender by Board-Linked Entity Niki Invest ApS

Cadeler A/S (NYSE:CDLR), listed also on the Oslo Stock Exchange under ticker CADLR, filed a Form 6-K with the U.S. Securities and Exchange Commission on 4 November 2026. The filing reports a notification received pursuant to article 19 of the Market Abuse Regulation (EU) no. 596/2014, covering a transaction in Cadeler A/S shares by a person closely associated with a member of the company's Board of Directors.

According to the filing, Niki Invest ApS, identified as a person closely associated with Ditlev Wedell-Wedellsborg, a Board of Directors member, had previously tendered 87,410 Cadeler A/S shares in connection with a voluntary share exchange offer made by Cadeler plc to all holders of Cadeler A/S shares. The offer terms, as described in the filing, provided that each Cadeler A/S share with a nominal value of DKK 1 would be exchanged for one share in Cadeler plc with a nominal value of USD 1 each. The filing states that the transaction price is listed as N/A, and the place of transaction is recorded as XOFF, meaning outside a trading venue.

The filing discloses that this notification is an amendment to the transaction announced on 2 November 2026. The reason for the amendment, as stated in the filing, is that "the receiving agent did not receive Niki Invest ApS' acceptance form before the expiry of the offer period contrary to the previous understanding. Accordingly, the tendered shares were therefore not completed under the offer." The filing was signed by Mikkel Gleerup, Chief Executive Officer of Cadeler A/S, on 4 November 2026.

What Was Disclosed

Cadeler A/S disclosed an amendment to a PDMR transaction notification, confirming that an intended tendering of 87,410 shares by Niki Invest ApS in Cadeler plc's voluntary exchange offer was not completed due to the acceptance form not being received before the offer period expired.