Dong Energy shares rose 9.8% in the offshore wind giant’s first day of trading on the Nasdaq Copenhagen.
The stock closed at DrK258, compared with an initial public offering price of 235Drk. Today at 10am CET it is at DrK258.3.
Investors snapped up all available shares in the IPO, setting its valuation at over £10.3bn.
The maximum number of shares available – totalling some 17.4% of the company – were sold to over 36,000 new investors.
In addition, Dong said shareholders the Danish state and SEAS-NVE Holding have granted an “overallotment option” of an additional 15% of the shares already sold which is available to investors until 8 July.
Image: Dong
