Company Announcements

Cadeler A/S Reports Major Shareholding Change

Cadeler A/S Sponsored ADR (CDLR) has released an update.

Cadeler A/S has announced a significant change in shareholding after Swire Pacific Limited sold 12,353,125 shares to institutional investors, reducing its stake to 4.99% of Cadeler’s total share capital and voting rights. The sale was conducted at a price of 64 NOK per share, and Swire Pacific Limited has agreed to a 30-day lock-up period post-transaction. Cadeler, a specialist in offshore wind installation and maintenance, emphasizes its commitment to safety and environmental standards in the renewable energy sector.

For further insights into CDLR stock, check out TipRanks’ Stock Analysis page.

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