Dong Energy Shareholders Adopt Capital Increase

Authorities & Government

Dong Energy Shareholders Adopt Capital Increase

At an extraordinary general meeting today, DONG Energy A/S’ shareholders adopted the planned capital increase in DONG Energy A/S.

Funds managed by Goldman Sachs through New Energy Investment s.à r.l., the Danish pension funds Arbejdsmarkedets Tillægspension and PFA Pension, Forsikringsaktieselskab and the existing minority shareholders SEAS-NVE, SYD ENERGI, Insero Horsens and Nyfors Entreprise will subscribe for shares in the company for a total amount of DKK 13,050 million.

The capital increase is expected to be implemented later today.

Furthermore, Martin Hintze was elected to the Board of Directors.

The shareholders in general meeting also adopted the other proposals for amendments to the Articles of Association, as set out in the notice convening the meeting.

Press release, February 20, 2014; Image: dong energy