Dong Energy plans summer debut on Nasdaq
The listing will probably be in the summer this year. Dong Energy said it is looking forward to invite new shareholders to take part in the future ownership of the company. The energy major's shareholders would sell shares and the total offering will be for around 15 percent. The company has no plans to issue new shares in the IPO.
Danish government has the major shareholding of around 58.8 percent. It would sell off shares to retain 50.1 percent holding after the listing. Final offer size will be revealed later.
New Energy Investment S.a.r.l owns 17.9 percent in the company; Seas-NVE Holding A/S owns 10.8 percent; ATP 4.9 percent, and others 7.6 percent.
Dong Energy had agreed with its major shareholders in February 20014 for an IPO and had announced its IPO road map in last September. At that time the company had promised for a listing before the end of the first quarter 2017. ■