Cadeler A/S is set to suspend trading of its shares on the Oslo Stock Exchange as part of its strategic redomiciliation from Denmark to the United Kingdom. The suspension will take effect on or around November 5, 2026, aligning with the anticipated start of trading for Cadeler plc shares. This move is significant as it highlights Cadeler's efforts to enhance its operational efficiency and global reach in the offshore wind sector.

Cadeler A/S, classified under the SIC code 4412 for deep sea foreign transportation of freight, is recognized as a leader in offshore wind turbine transport and installation. The company operates the largest fleet of jack-up offshore wind installation vessels and is expanding its capabilities into foundation transport and installation as well as operations and maintenance. Cadeler is listed on both the New York Stock Exchange under the ticker CDLR and the Oslo Stock Exchange.

According to the recent filing, the company has announced, "Cadeler plc intends to initiate a compulsory acquisition of the Cadeler Shares not acquired in the Offer, for cash, in accordance with the Danish Companies Act." This compulsory acquisition, referred to as a "Squeeze-out," is part of the redomiciliation process, which will see Cadeler plc become the ultimate parent company of the Cadeler Group.

The planned suspension of trading will affect shareholders who have not tendered their shares in the Offer. They will be unable to trade their Cadeler shares on the Oslo Stock Exchange after the last trading day, expected to be November 4, 2026. However, the suspension will not impact the Squeeze-out, and shareholders will receive cash consideration regardless of the trading suspension.

Looking ahead, Cadeler plans to hold an extraordinary general meeting after the Squeeze-out period to approve the delisting of the Cadeler shares from the Oslo Stock Exchange. This delisting will require approval from the Oslo Stock Exchange after the completion of the Squeeze-out. Cadeler will continue to meet its disclosure obligations as an issuer listed on the Oslo Stock Exchange until the delisting becomes effective.

Additionally, trading of Cadeler ADSs on the New York Stock Exchange will also be suspended around the same date, with delisting expected to take effect 10 days later. This move is part of the broader strategy to consolidate the company's operations under Cadeler plc.

For shareholders who validly tendered their shares in the Offer, they will receive shares in Cadeler plc, which are expected to be admitted to trading on both the Oslo Stock Exchange and the New York Stock Exchange on or around November 5, 2026.

In conclusion, Cadeler A/S's decision to suspend trading on the Oslo Stock Exchange marks a significant step in its redomiciliation process, reflecting ongoing trends in the deep sea foreign transportation industry as companies adapt to enhance their operational frameworks.