CDLR 6-K
Cadeler A/S (CDLR)
6-K
2025-05-29
For: 2025-05-29
View Original
Added on
April 11, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TORULE 13A-16 OR 15D-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of May 2025
Commission File Number: 001-41889
CADELER A/S
(Translation of registrant's name into English)
Kalvebod Brygge 43
DK-1560 Copenhagen V, Denmark
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Stock Exchange Announcement
CADELER A/S: REPORTING ON TRANSACTIONS IN CADELER A/S SHARES BYPERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
Copenhagen, May 29, 2025: Cadeler A/S (“Cadeler”) has received notification pursuant to article 19 of the Market Abuse Regulation (EU) no. 596/2014 of the below transactions related to shares in Cadeler made by persons discharging managerial responsibilities in Cadeler and/or persons closely associated with them.
BW Altor Pte. Ltd., a person closely associated with Andreas Sohmen-Pao, Chairman of the Board of Directors, has made the transactions described in the attached notification on the dates set out therein.
Please see the attached file for further details.
For further information, please contact:
Mikkel Gleerup
CEO, Cadeler
+45 3246 3102
Alexander Simmonds
EVP & CLO, Cadeler
+44 7376 174172
About Cadeler A/S:
Cadeler is a global leader in offshore wind installation, operations, and maintenance services. Cadeler is a pure play company, operating solely in the offshore wind industry with an uncompromising focus on safety and the environment. Cadeler owns and operates the industry’s largest fleet of jack-up offshore wind installation vessels and has for more than 10 years been a key supplier in the development of offshore wind energy to power millions of households. Cadeler’s fleet, expertise and capacity to handle the largest and most complex next-generation offshore wind installation projects positions the company to deliver exceptional services to the industry. Cadeler is committed to being at the forefront of sustainable wind farm installation and to enabling the global energy transition towards a future built on renewable energy. Cadeler is listed on the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange (ticker: CADLR).
For more information, please visit www.cadeler.com
Reporting of transactions made by persons dischargingmanagerial responsibilities and persons closely associated with them in Cadeler A/S’ shares
| 1 | Details of the Reporting Person and their Closely Associated Persons | ||
|---|---|---|---|
| a) | Name | BW Altor Pte. Ltd. | |
| 2 | Reason for the notification | ||
| a) | Position/status | Closely associated person to Andreas Sohmen-Pao, chairman of the Board of Directors | |
| b) | Initial notification <br><br>/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Cadeler<br> A/S | |
| b) | LEI | 9845008439EUED140282 | |
| 4.1 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK<br> 48.77 | 677 | ||
| NOK<br> 48.78 | 118 | ||
| NOK<br> 49.00 | 1,887 | ||
| NOK<br> 49.11 | 3,000 | ||
| NOK<br> 49.12 | 252 | ||
| NOK<br> 49.18 | 583 | ||
| NOK<br> 49.20 | 1,463 | ||
| NOK<br> 49.24 | 1,931 | ||
| NOK 49.47 | 279 | ||
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>- <br> Price | Average price per share: NOK 49.11<br><br> <br>Total number of shares: 10,190 shares<br><br> <br>Total price: NOK 500,480.68 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | AQUIS EXCHANGE EUROPE AUCTION ON DEMAND (AOD), AQEA | |
| 4.2 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | --- | |
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.80 | 586 | ||
| NOK 48.84 | 600 | ||
| NOK 48.86 | 507 | ||
| NOK 48.96 | 704 | ||
| NOK 48.98 | 997 | ||
| NOK 49.00 | 2,346 | ||
| NOK 49.04 | 702 | ||
| NOK 49.10 | 519 | ||
| NOK 49.16 | 77 | ||
| NOK 49.20 | 770 | ||
| NOK 49.22 | 446 | ||
| NOK 49.26 | 142 | ||
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 49.01<br><br> <br>Total number of shares: 8,396 shares<br><br> <br>Total price: NOK 411,453.06 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | AQUIS EXCHANGE EUROPE, AQEU | |
| 4.3 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase<br>of shares | |
| c) | Price(s) and<br> volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK<br> 48.72 | 1,457 | ||
| NOK<br> 48.77 | 1,101 | ||
| NOK<br> 48.79 | 812 | ||
| NOK<br> 48.97 | 895 | ||
| NOK<br> 48.98 | 642 | ||
| NOK<br> 48.99 | 3,312 | ||
| NOK<br> 49.00 | 4,494 | ||
| NOK<br> 49.01 | 6,403 | ||
| NOK<br> 49.02 | 1,017 | ||
| NOK<br> 49.03 | 2,759 | ||
| NOK<br> 49.04 | 892 | ||
| NOK<br> 49.05 | 4,655 | ||
| NOK<br> 49.06 | 2,688 | ||
| NOK<br> 49.07 | 3,059 | ||
| NOK<br> 49.08 | 908 | ||
| NOK<br> 49.09 | 3,256 | ||
| NOK<br> 49.10 | 15,565 | ||
| NOK<br> 49.11 | 788 | ||
| NOK<br> 49.12 | 2,505 | ||
| NOK<br> 49.13 | 2,587 | ||
| NOK<br> 49.14 | 3,672 | ||
| NOK<br> 49.15 | 825 | ||
| NOK<br> 49.16 | 4,622 | ||
| NOK<br> 49.17 | 15,360 | ||
| NOK<br> 49.18 | 4,414 | ||
| NOK<br> 49.19 | 2,062 | ||
| NOK<br> 49.20 | 4,813 | ||
| NOK<br> 49.23 | 4,726 | ||
| NOK<br> 49.24 | 2,997 | ||
| NOK<br> 49.25 | 43,071 | ||
| NOK<br> 49.26 | 1,939 | ||
| NOK<br> 49.27 | 1,629 | ||
| NOK<br> 49.28 | 162 | ||
| NOK<br> 49.44 | 294 | ||
| NOK<br> 49.45 | 513 | ||
| NOK<br> 49.46 | 1,448 | ||
| NOK<br> 49.47 | 571 | ||
| NOK<br>49.49 | 1,953 | ||
| NOK<br>49.50 | 1,404 | ||
| NOK<br>49.54 | 1,238 | ||
| NOK<br>49.55 | 1,326 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.17<br><br> <br>Total number of shares: 158,834 shares<br><br> <br>Total price: NOK 7,809,470.47 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | CBOE EUROPE - DXE PERIODIC (NL), BEUP | |
| 4.4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.74 | 1,315 | ||
| NOK 48.84 | 1,213 | ||
| NOK 48.86 | 1,514 | ||
| NOK 48.88 | 681 | ||
| NOK 48.90 | 39 | ||
| NOK 48.96 | 878 | ||
| NOK 48.98 | 393 | ||
| NOK 49.00 | 835 | ||
| NOK 49.04 | 1,354 | ||
| NOK 49.06 | 650 | ||
| NOK 49.10 | 2,148 | ||
| NOK 49.16 | 1,457 | ||
| NOK 49.18 | 111 | ||
| NOK 49.20 | 3,359 | ||
| NOK 49.22 | 2,510 | ||
| NOK 49.24 | 496 | ||
| NOK 49.26 | 3,129 | ||
| NOK 49.28 | 620 | ||
| NOK 49.30 | 2,167 | ||
| NOK 49.34 | 162 | ||
| NOK 49.36 | 845 | ||
| NOK 49.38 | 615 | ||
| NOK 49.40 | 32 | ||
| NOK 49.44 | 456 | ||
| NOK 49.50 | 872 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.14<br><br> <br>Total number of shares: 27,851 shares<br><br> <br>Total price: NOK 1,368,606.22 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | CBOE EUROPE - DXE ORDER BOOKS (NL), CEUX | |
| 4.5 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase<br>of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 49.08 | 101 | ||
| NOK 49.10 | 5,958 | ||
| NOK 49.17 | 149 | ||
| NOK 49.18 | 9,965 | ||
| NOK 49.19 | 617 | ||
| NOK 49.20 | 918 | ||
| NOK 49.21 | 2,451 | ||
| NOK 49.23 | 124 | ||
| NOK 49.33 | 828 | ||
| NOK 49.38 | 3,599 | ||
| NOK 49.45 | 304 | ||
| NOK 49.49 | 127 | ||
| NOK 49.50 | 501 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.21<br><br> <br>Total number of shares: 25,642<br> shares<br><br> <br>Total price: NOK 1,261,815.36 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | GOLDMAN SACHS BANK EUROPE SE - SYSTEMATIC INTERNALISER, GSEI | |
| 4.6 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| --- | --- | --- | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK<br>49.16 | 3,166 | ||
| NOK 49.20 | 3,254 | ||
| NOK 49.26 | 1,405 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.19<br><br> <br>Total number of shares: 7,825<br> shares<br><br> <br>Total price: NOK 384,947.66 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | JANE STREET NETHERLANDS B.V., JNSI | |
| 4.7 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK<br>49.00 | 507 | ||
| NOK<br>49.04 | 2,474 | ||
| NOK<br>49.08 | 3,081 | ||
| NOK 49.12 | 2,470 | ||
| NOK 49.18 | 298 | ||
| NOK 49.20 | 2,465 | ||
| NOK 49.30 | 705 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.12<br><br> <br>Total number of shares: 12,000 shares<br><br> <br>Total price: NOK 589,399.98 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | MORGAN STANLEY EUROPE S.E. - SYSTEMATIC INTERNALISER, MESI | |
| 4.8 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | --- | |
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.80 | 414 | ||
| NOK 49.01 | 44 | ||
| NOK 49.03 | 2,042 | ||
| NOK 49.08 | 549 | ||
| NOK 49.10 | 6,358 | ||
| NOK 49.20 | 2,010 | ||
| NOK 49.30 | 286 | ||
| NOK 49.50 | 1,000 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.13<br><br> <br>Total number of shares: 12,703 shares<br><br> <br>Total price: NOK 624,093.42 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | SIGMA X EUROPE AUCTION BOOK, SGMV | |
| 4.9 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.99 | 114 | ||
| NOK 49.00 | 827 | ||
| NOK 49.02 | 107 | ||
| NOK 49.05 | 2,592 | ||
| NOK 49.08 | 936 | ||
| NOK 49.09 | 227 | ||
| NOK 49.10 | 107 | ||
| NOK 49.19 | 6,346 | ||
| NOK 49.23 | 341 | ||
| NOK 49.30 | 475 | ||
| NOK 49.47 | 239 | ||
| NOK 49.50 | 117 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.15<br><br> <br>Total number of shares: 12,428 shares<br><br> <br>Total price: NOK 610,806.11 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | TURQUOISE EUROPE - LIT AUCTIONS, TQEA | |
| 4.10 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.82 | 812 | ||
| NOK 48.84 | 742 | ||
| NOK 48.86 | 386 | ||
| NOK 48.90 | 156 | ||
| NOK 48.96 | 320 | ||
| NOK 49.00 | 849 | ||
| NOK 49.04 | 224 | ||
| NOK 49.10 | 192 | ||
| NOK 49.20 | 1,752 | ||
| NOK 49.22 | 1,110 | ||
| NOK 49.26 | 1,181 | ||
| NOK 49.44 | 216 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br>volume<br><br> <br>Price | Average price per share: NOK 49.09<br><br> <br>Total number of shares: 7,940 shares<br><br> <br>Total price: NOK 389,737.54 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | TURQUOISE EUROPE, TQEX | |
| 4.11 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.32 | 40,000 | ||
| NOK 48.74 | 581 | ||
| NOK 48.80 | 400 | ||
| NOK 48.82 | 400 | ||
| NOK 48.98 | 730 | ||
| NOK 49.10 | 1,900 | ||
| NOK 49.20 | 2,660 | ||
| NOK 49.26 | 697 | ||
| NOK 49.34 | 77 | ||
| NOK 49.36 | 339 | ||
| NOK 49.42 | 178 | ||
| NOK 49.44 | 1,210 | ||
| NOK 49.46 | 1,300 | ||
| NOK 49.48 | 471 | ||
| NOK 49.50 | 2,259 | ||
| NOK 49.56 | 400 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>Price | Average price per share: NOK 48.56<br><br> <br>Total number of shares: 53,602 shares<br><br> <br>Total price: NOK 2,602,816.52 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | Oslo Stock Exchange, XOSL | |
| 4.12 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.78 | 8,899 | ||
| NOK 49.11 | 1,000 | ||
| NOK 49.23 | 400 | ||
| NOK 49.27 | 89,456 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>Price | Average price per share: NOK 49.22<br><br> <br>Total number of shares: 99,755 shares<br><br> <br>Total price: NOK 4,910,392.34 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | POSIT AUCTION, XPAC | |
| 4.13 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.74 | 5,000 | ||
| NOK 49.10 | 5,819 | ||
| NOK 49.26 | 35,765 | ||
| NOK 49.44 | 11,250 | ||
| NOK 49.58 | 5,000 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>Price | Average price per share: NOK 49.10<br><br> <br>Total number of shares: 62,834 shares<br><br> <br>Total price: NOK 3,085,296.80 | |
| --- | --- | --- | |
| e) | Date of the transaction | 26 May 2025 | |
| f) | Place of the transaction | XTX MARKETS SAS, XTXE | |
| 4.14 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 49.36 | 8 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>- Price | Average price per share: NOK 49.36<br><br> <br>Total number of shares: 8 shares<br><br> <br>Total price: NOK 394.88 | |
| --- | --- | --- | |
| e) | Date of the transaction | 27 May 2025 | |
| f) | Place of the transaction | AQUIS EXCHANGE EUROPE AUCTION ON DEMAND (AOD), AQEA | |
| 4.15 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.80 | 872 | ||
| NOK 48.88 | 603 | ||
| NOK 48.90 | 132 | ||
| NOK 48.96 | 141 | ||
| NOK 49.46 | 122 | ||
| NOK 49.50 | 697 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>Price | Average price per share: NOK 49.05<br><br> <br>Total number of shares: 2,567 shares<br><br> <br>Total price: NOK 125,922.02 | |
| --- | --- | --- | |
| e) | Date of the transaction | 27 May 2025 | |
| f) | Place of the transaction | AQUIS EXCHANGE EUROPE, AQEU | |
| 4.16 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.59 | 18 | ||
| NOK 48.76 | 30 | ||
| NOK 48.80 | 880 | ||
| NOK 48.81 | 87 | ||
| NOK 48.83 | 1,861 | ||
| NOK 48.84 | 1,146 | ||
| NOK 48.88 | 36 | ||
| NOK 48.93 | 19 | ||
| NOK 48.98 | 950 | ||
| NOK 49.00 | 202 | ||
| NOK 49.02 | 72 | ||
| NOK 49.30 | 9 | ||
| NOK 49.39 | 337 | ||
| NOK 49.40 | 3,173 | ||
| NOK 49.42 | 673 | ||
| NOK 49.43 | 572 | ||
| NOK 49.44 | 419 | ||
| NOK 49.45 | 878 | ||
| NOK 49.47 | 1,024 | ||
| NOK 49.48 | 414 | ||
| NOK 49.49 | 672 | ||
| NOK 49.50 | 71 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>Price | Average price per share: NOK 49.21<br><br> <br>Total number of shares: 13,543 shares<br><br> <br>Total price: NOK 666,433.14 | |
| --- | --- | --- | |
| e) | Date of the transaction | 27 May 2025 | |
| f) | Place of the transaction | CBOE EUROPE - DXE PERIODIC (NL), BEUP | |
| 4.17 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.78 | 67 | ||
| NOK 48.80 | 1,712 | ||
| NOK 48.88 | 410 | ||
| NOK 48.90 | 396 | ||
| NOK 48.94 | 782 | ||
| NOK 48.96 | 270 | ||
| NOK 49.42 | 598 | ||
| NOK 49.46 | 5,997 | ||
| NOK 49.48 | 41 | ||
| NOK 49.50 | 3,651 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>Price | Average price per share: NOK 49.31<br><br> <br>Total number of shares: 13,924 shares<br><br> <br>Total price: NOK 686,627.30 | |
| --- | --- | --- | |
| e) | Date of the transaction | 27 May 2025 | |
| f) | Place of the transaction | CBOE EUROPE - DXE ORDER BOOKS (NL), CEUX | |
| 4.18 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 48.81 | 105 | ||
| NOK 48.85 | 416 | ||
| NOK 48.88 | 806 | ||
| NOK 48.97 | 4,334 | ||
| NOK 49.31 | 135 | ||
| NOK 49.40 | 109 | ||
| NOK 49.42 | 2,453 | ||
| d) | Aggregated information<br><br> <br>- Aggregated<br> volume<br><br> <br>Price | Average price per share: NOK 49.10<br><br> <br>Total number of shares: 8,358 shares<br><br> <br>Total price: NOK 410,348.62 | |
| --- | --- | --- | |
| e) | Date of the transaction | 27 May 2025 | |
| f) | Place of the transaction | GOLDMAN SACHS BANK EUROPE SE - SYSTEMATIC INTERNALISER, GSEI | |
| 4.19 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | --- | |
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| 48.92 | 3,050 | ||
| d) | Aggregated information - Aggregated<br> volume Price | Average price per share: NOK 48.92<br><br> Total number of shares: 3,050 shares<br><br> Total price: NOK 149,206.00 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | JANE<br> STREET NETHERLANDS B.V., JNSI | |
| 4.20 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| 48.96 | 250,000 | ||
| d) | Aggregated information - Aggregated<br> volume Price | Average price per share: NOK 48.96<br><br> Total number of shares: 250,000 shares<br><br> Total price: NOK 12,240,000.00 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | CBOE EUROPE - LIS SERVICE (NL), LISZ | |
| 4.21 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | --- | |
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| 48.90 | 2,479 | ||
| d) | Aggregated<br>information -<br>Aggregated volume Price | Average price per share: NOK 48.90<br><br> Total number of shares: 2,479 shares<br><br> Total price: NOK 121,223.10 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | MORGAN<br> STANLEY EUROPE S.E. - SYSTEMATIC INTERNALISER, MESI | |
| 4.22 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK<br> 48.79 | 85 | ||
| NOK<br> 48.83 | 33,284 | ||
| NOK<br> 48.97 | 4,000 | ||
| d) | Aggregated information - Aggregated<br> volume Price | Average price per share: NOK 48.84<br><br> Total number of shares: 37,369 shares<br><br> Total price: NOK 1,825,284.84 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | SIGMA X EUROPE AUCTION BOOK, SGMV | |
| 4.23 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK<br> 48.79 | 2,481 | ||
| NOK<br> 48.85 | 423 | ||
| NOK<br> 49.48 | 150 | ||
| d) | Aggregated<br>information - Aggregated volume Price | Average price per share: NOK 48.83<br><br> Total number of shares: 3,054 shares<br><br> Total price: NOK 149,133.54 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | TURQUOISE<br> EUROPE - LIT AUCTIONS, TQEA | |
| 4.24 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK<br> 48.88 | 473 | |
| **** | NOK<br> 48.90 | 130 | |
| **** | NOK<br> 48.94 | 39 | |
| **** | NOK<br> 49.00 | 8 | |
| NOK<br> 49.42 | 7 | ||
| NOK<br> 49.46 | 103 | ||
| NOK<br> 49.50 | 1,006 | ||
| d) | Aggregated<br>information - Aggregated<br>volume Price | Average price per share: NOK 49.27<br><br> Total number of shares: 1,766 shares<br><br> Total price: NOK 87,015.22 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | TURQUOISE<br> EUROPE, TQEX | |
| 4.25 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | --- | |
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK<br> 48.52 | 400 | |
| **** | NOK<br> 48.78 | 71 | |
| **** | NOK<br> 48.80 | 524 | |
| **** | NOK<br> 48.82 | 1,600 | |
| **** | NOK<br> 48.96 | 3,768 | |
| **** | NOK<br> 48.98 | 207 | |
| **** | NOK<br> 49.00 | 482 | |
| **** | NOK<br> 49.50 | 2,770 | |
| **** | NOK<br> 49.62 | 23,911 | |
| d) | Aggregated<br>information - Aggregated<br>volume Price | Average price per share: NOK 49.46<br><br> Total number of shares: 33,733 shares<br><br> Total price: NOK 1,668,371.54 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | Oslo<br> Stock Exchange, XOSL | |
| 4.26 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK<br> 48.54 | 2,000 | |
| **** | NOK<br> 49.00 | 28,149 | |
| d) | Aggregated information - Aggregated<br> volume Price | Average price per share: NOK 48.97<br><br> Total number of shares: 30,149 shares<br><br> Total price: NOK 1,476,381.00 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 27<br> May 2025 | |
| f) | Place<br> of the transaction | XTX<br> MARKETS SAS, XTXE | |
| 4.27 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK<br> 49.94 | 183 | ||
| NOK<br> 50.00 | 132 | ||
| d) | Aggregated<br>information - Aggregated<br>volume - Price | Average price per share: NOK 49.97<br><br> Total number of shares: 315 shares<br><br> Total price: NOK 15,739.02 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 28<br> May 2025 | |
| f) | Place<br> of the transaction | AQUIS<br> EXCHANGE EUROPE, AQEU | |
| 4.28 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK<br> 49.99 | 18,936 | |
| **** | NOK<br> 50.00 | 2,602 | |
| d) | Aggregated<br>information - Aggregated<br>volume Price | Average price per share: NOK 49.99<br><br> Total number of shares: 21,538 shares<br><br> Total price: NOK 1,076,710.64 | |
| --- | --- | --- | |
| e) | Date<br> of the transaction | 28<br> May 2025 | |
| f) | Place<br> of the transaction | CBOE<br> EUROPE - DXE PERIODIC (NL), BEUP | |
| 4.29 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | --- | |
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK 49.94 | 297 | |
| **** | NOK 50.00 | 1,554 | |
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 49.99<br><br> <br>Total number of shares:1,851 shares<br><br> <br>Total price: NOK 92,532.18 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place of the transaction | CBOE EUROPE - DXE ORDER BOOKS (NL), CEUX | |
| 4.30 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK 50.00 | 3,487 | |
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 50.00<br><br> <br>Total number of shares: 3,487 shares<br><br> <br>Total price: NOK 174,350.00 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place<br>of the transaction | MORGAN STANLEY EUROPE S.E. - SYSTEMATIC INTERNALISER, MESI | |
| 4.31 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK 50.00 | 4,866 | |
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 50.00<br><br> <br>Total number of shares: 4,866 shares<br><br> <br>Total price: NOK 243,300.00 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place of the transaction | SIGMA X EUROPE AUCTION BOOK, SGMV | |
| --- | --- | --- | |
| 4.32 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 49.995 | 234 | ||
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 49.995<br><br> <br>Total number of shares: 234 shares<br><br> <br>Total price: NOK 11,698.83 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place of the transaction | TURQUOISE EUROPE - LIT AUCTIONS, TQEA | |
| 4.33 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK<br> 49.94 | 198 | |
| **** | NOK<br> 50.00 | 290 | |
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 49.98<br><br> <br>Total number of shares: 488 shares<br><br> <br>Total price: NOK 24,388.12 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place of the transaction | TURQUOISE EUROPE, TQEX | |
| 4.34 | Details<br> of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and<br> (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description<br> of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN<br> DK0061412772 | |
| --- | --- | --- | |
| b) | Nature<br> of the transaction | Purchase<br> of shares | |
| c) | Price(s)<br> and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK<br> 49.76 | 2,037 | |
| **** | NOK<br> 50.00 | 19,587 | |
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 49.98<br><br> <br>Total number of shares: 21,624 shares<br><br> <br>Total price: NOK 1,080,711.12 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place of the transaction | Oslo Stock Exchange, XOSL | |
| 4.35 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| NOK 49.995 | 882 | ||
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 49.995<br><br> <br>Total number of shares: 882 shares<br><br> <br>Total price: NOK 44,095.59 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place of the transaction | POSIT AUCTION, XPAC | |
| 4.36 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been conducted | ||
| --- | --- | ||
| a) | Description of the financial instrument, type of instrument and identification code | Shares<br><br> <br><br><br> <br>ISIN DK0061412772 | |
| --- | --- | --- | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| --- | --- | --- | --- |
| **** | NOK<br> 49.97 | 1,356 | |
| d) | Aggregated information<br><br> <br>- <br> Aggregated volume<br><br> <br>Price | Average price per share: NOK 49.97<br><br> <br>Total number of shares: 1,356 shares<br><br> <br>Total price: NOK 67,759.32 | |
| --- | --- | --- | |
| e) | Date of the transaction | 28 May 2025 | |
| f) | Place of the transaction | XTX MARKETS SAS, XTXE |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: May 29,<br> 2025 | CADELER A/S | |
|---|---|---|
| (Registrant) | ||
| By: | /s/ Mikkel Gleerup | |
| Name: | Mikkel Gleerup | |
| Title: | Chief Executive Officer |