Dong Energy will close of its initial public offering to retail investors at 4pm (CET), it has announced. Retail investors can invest up to DKK 3 million (£310,000) and the aggregate demand now exceeds the expected allocation of offer shares to this investor group, the company said.
The offering to bigger investors (orders above DKK3 million) will close on 8 June at 11 am CET.
Information about the result of the Offering, including final offer price, the final number of sold offer shares and the allocation of shares, is expected to be announced on 9 June, when the shares are expected to begin trading on Nasdaq Copenhagen.
Further reading
Dong Energy signs three to flexible balancing tariff
Dong Energy to start construction of ‘waste to gas to power’ plant in Cheshire
Dong operating profit up by 13 per cent in 2015
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