Cadeler A/S Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on April 9, 2025, reports on transactions in Cadeler A/S shares by persons discharging managerial responsibilities and persons closely associated with them. Cadeler is a global leader in offshore wind installation, operations, and maintenance services, operating the industry's largest fleet of jack-up offshore wind installation vessels. The company is listed on the New York Stock Exchange (CDLR) and the Oslo Stock Exchange (CADLR).
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document strictly details share purchase transactions.
Material Changes and Transaction Details
The filing discloses share purchases made on April 7, 2025, by BW Altor Pte. Ltd., a person closely associated with Andreas Sohmen-Pao, Chairman of the Board of Directors. The transactions were executed across multiple trading venues including AQUIS, CBOE Europe, Citadel Connect, Goldman Sachs, Morgan Stanley, Sigma X, Turquoise, and Posit Auction.
| Venue | Shares Purchased | Avg. Price (NOK) | Total Value (NOK) |
|---|---|---|---|
| AQUIS EXCHANGE EUROPE | 400 | 46.81 | 18,724.00 |
| CBOE EUROPE | 69,651 | 46.55 | 3,242,535.24 |
| CITADEL CONNECT EUROPE | 69 | 46.82 | 3,230.58 |
| GOLDMAN SACHS BANK EUROPE | 6,130 | 46.36 | 284,207.76 |
| MORGAN STANLEY EUROPE | 24,582 | 46.49 | 1,142,713.87 |
| SIGMA X EUROPE | 9,652 | 46.01 | 444,059.50 |
| TURQUOISE EUROPE | 5,221 | 46.41 | 242,306.80 |
| POSIT AUCTION | 1,008 | 46.87 | 47,240.29 |
| Total | 116,713 | ~46.50 | ~5,425,018 |
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a regulatory notification pursuant to Article 19 of the Market Abuse Regulation (EU) no. 596/2014.
Key Facts for Investor Verification
- Insider Buying: A significant volume of 116,713 shares was purchased by an entity closely associated with the Chairman of the Board.
- Transaction Date: All reported transactions occurred on April 7, 2025.
- Price Range: Shares were purchased at prices ranging from NOK 45.79 to NOK 47.00.
- Regulatory Compliance: The filing confirms compliance with EU Market Abuse Regulation reporting requirements for managerial personnel.