Following today's announcement from The Ministry of Finance of the Kingdom of Denmark, DONG Energy A/S confirms its readiness for an IPO and a listing on OMX Nordic Exchange Copenhagen A/S. The initial public offering is expected to comprise a sale of existing shares to Danish institutional and Danish private investors, as well as to international institutional investors. Prior to the planned offering of shares, DONG Energy's shareholders are the Kingdom of Denmark (73.0%), SEAS-NVE Holding A/S (10.9%), and former shareholders of Elsam A/S (16.1%). “As a leading Northern European integrated energy company, this is a major step in DONG Energy's development. We see attractive opportunities for creating additional growth in the years ahead and expanding our position in Northern Europe. We are pleased to be able to offer new investors the opportunity to take part in the future growth of our company,” said Anders Eldrup, CEO of DONG Energy A/S. Citi, Danske Markets and Morgan Stanley are Joint Global Co-ordinators and Joint Bookrunners for DONG Energy's IPO. Nordea is Joint Lead Manager. ABN AMRO, Carnegie and SEB Enskilda are Co-Lead Managers. DONG Energy in brief DONG Energy is an integrated energy company with leading market positions in Denmark and positions in other key Northern European energy markets including Norway, UK, Germany, The Netherlands, Sweden and Poland. It is Denmark's largest generator of power and heat and one of Europe's leading generators of power from offshore wind farms. DONG Energy has extensive operations in exploration for and production of oil and natural gas in Northern Europe with a particular focus on natural gas. In addition, DONG Energy sells electricity and natural gas to more than one million customers. The group management of DONG Energy consists of: Anders Eldrup, Chief Executive Officer, Carsten Krogsgaard Thomsen, Chief Financial Officer, Niels Bergh-Hansen (Generation), Søren Gath Hansen (Exploration & Production), Lars Erik Clausen (Distribution) and Kurt Bligaard Pedersen (Markets). Enquiries regarding this announcement should be made to: Investor Relations: Steen Juul Jensen tel. (+45) 30 57 88 82 Media Relations: Louise Münter tel. (+45) 61 55 87 71 For more information, go to www.dongenergy.com. Disclaimer This document constitutes an advertisement under Executive Order No. 1232 of 22 November 2007 implementing parts of Directive 2003/71/EC (together with all current implementing measures in the individual member states, the “Prospectus Directive”). A prospectus prepared under the Prospectus Directive will be published and, when published, be available from the seller of securities. This document does not constitute an offering of securities. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. The Company does not intend to register any portion of the offering in the United States or to make a public offering of securities in the United States. Any offering of securities will be made on the basis of a prospectus containing detailed information on the company and its management and accounting matters. With respect to EEA member states other than Denmark that have implemented the Prospectus Directive, this document is solely intended for and solely directed at qualified investors in the relevant member state as defined in the Prospectus Directive as implemented in that member state. This document is only being distributed to, and is only directed at, (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order or (iv) those persons, for the purposes of an employee share scheme, falling within Article 60 of the Order (all such persons together being referred to as “relevant persons”). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. This document contains forward-looking statements, including financial forecasts for 2007. Such forward-looking statements inherently involve risks and uncertainties. Many factors may cause the actual performance to deviate significantly from the forward-looking statements. Such factors include, but are not limited to, developments in the oil, natural gas, electricity, coal, CO2, currency and fixed income markets, changes in legislation, rules or standards, and changes in the competitive environment in DONG Energy's markets, supply security and the integration of acquired operations. This announcement is not an offer to sell or a solicitation to buy any shares that the company may offer in connection with a possible IPO.
IPO and listing on the OMX Nordic Exchange Copenhagen