Cadeler plc has announced plans to suspend trading of its shares on the Oslo Stock Exchange as part of its redomiciliation from Denmark to the United Kingdom. This significant move, effective around November 5, 2026, is designed to streamline operations and enhance the company's market presence.

The decision comes after Cadeler's launch of a voluntary exchange offer for its shareholders, allowing them to exchange their shares for those of Cadeler plc. This redomiciliation aims to align the company's operations more closely with its strategic goals.

Background

Cadeler plc, classified under SIC 4412 for deep sea foreign transportation of freight, is a leading player in the offshore wind installation sector. The company operates the largest fleet of jack-up vessels for offshore wind projects and is expanding its capabilities in foundation transport and installation. Cadeler is currently listed on both the New York Stock Exchange and the Oslo Stock Exchange.

Recent filings show that Cadeler has been actively pursuing its redomiciliation strategy, with multiple filings leading up to this announcement. The most recent filing, dated October 29, 2026, outlines the planned suspension of trading.

What the Filing Says

The filing states, "Cadeler A/S – Planned suspension of trading in the shares of Cadeler A/S on the Oslo Stock Exchange with effect from on or around 5 November 2026 in connection with Cadeler's redomiciliation from Denmark to the United Kingdom." This indicates a clear intention to manage the transition effectively.

Impact

This suspension will affect shareholders who have not tendered their shares in the exchange offer. They will not be able to trade their shares on the Oslo Stock Exchange after the last trading day, expected to be around November 4, 2026. However, those who participate in the exchange will receive shares in Cadeler plc, which will be admitted to trading on the Oslo Stock Exchange and the New York Stock Exchange on or around the same date.

What's Next

The filing does not specify what happens next beyond the suspension and the anticipated trading of Cadeler plc shares. However, it mentions that an extraordinary general meeting will be held following the expiry of the squeeze-out period to approve the delisting of the Cadeler shares from the Oslo Stock Exchange.