Through an accelerated bookbuilding process, SEAS-NVE has sold Ørsted shares for approx. DKK 5.3bn.
The reason for the sale of shares is that, on 18 September 2019, SEAS-NVE concluded an agreement with Ørsted on the acquisition of Radius Elnet and Ørsted's residential customer and city light businesses. At the same time, SEAS-NVE announced the company's intention to reduce its ownership interest in Ørsted over the next 12 months.
Danske Bank, Goldman Sachs, Morgan Stanley and Nordea were joint global coordinators and bookrunners in connection with the sale of the Ørsted shares.
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