Cadeler CEO buys ADRs, signals confidence in offshore wind leader

Cadeler A/S announced that chief executive Mikkel Gleerup executed a significant transaction involving the company's shares. On October 16, 2025, Gleerup purchased 1,000 American Depositary Receipts (ADRs), each representing four Cadeler shares, on the New York Stock Exchange. The transaction was conducted at an average price of $19.345 per ADR, resulting in a total price of $19,345 for the 4,000 underlying shares.

This notification, made in accordance with Article 19 of the Market Abuse Regulation, underscores Cadeler’s commitment to transparency regarding transactions by its managerial personnel. Cadeler A/S is a global leader in offshore wind installation, operations, and maintenance, operating the industry's largest fleet of jack-up vessels.

The company, listed on both the New York Stock Exchange and the Oslo Stock Exchange, continues to play a pivotal role in the global energy transition by enabling large-scale offshore wind farm installations.