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SWIRE PACIFIC Cuts Stake in Cadeler by 3.5%, Realizing ~$583M
SWIRE PACIFIC A (00019.HK) and SWIRE PACIFIC B (00087.HK) will sell their 3.5% stake or about 12.3431 million shares in Cadeler, a wind farm equipment, transportation and dismantli...
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SWIRE PACIFIC Cuts Stake in Cadeler by 3.5%, Realizing ~$583M
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SWIRE PACIFIC A (00019.HK)  -0.800 (-1.199%)    Short selling $2.09M; Ratio 5.918%   and SWIRE PACIFIC B (00087.HK)  -0.020 (-0.190%)   will sell their 3.5% stake or about 12.3431 million shares in Cadeler, a wind farm equipment, transportation and dismantling business company listed in Oslo, Norway, to an institutional investor at a price per share of NOK64, according to the announcement made by Cadeler.

SWIRE PACIFIC will realize approx. NOK790 million, or about $583 million. The transaction will be subject to a 30-day blackout period.

Following the completion of the stake reduction, SWIRE PACIFIC would still hold approx. 4.99% stake or approx. 17.5103 million shares in Cadeler.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-08 16:25.)

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