At an extraordinary general meeting today, DONG Energy A/S’ shareholders adopted the planned capital increase in DONG Energy A/S, whereby 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.
The information provided in this announcement does not change DONG Energy’s previous financial guidance for the 2014 financial year or the announced expected investment level for 2014-2015.
For further information, please contact:
Karsten Anker Petersen
+45 9955 9662
Allan Bødskov Andersen
+45 9955 9769
DONG Energy is one of the leading energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. DONG Energy has around 6,500 employees and is headquartered in Denmark. The Group generated DKK 73 billion (EUR 9.8 billion) in revenue in 2013. For further information, see www.dongenergy.com
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