REG-Ørsted A/S Tender offer for hybrid capital securities – final results

Oersted A/SAnnouncement

06/12/2022 10:15

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   Ørsted A/S (Orsted)
   Tender offer for hybrid capital securities – final results

   06-Dec-2022 / 11:09 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   6.12.2022 11:09:23 CET | Ørsted A/S | Investor News

   NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN
   THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE
   UNITED STATES OR THE DISTRICT OF COLUMBIA (THE UNITED STATES), OR TO ANY
   US PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF
   1933), OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO
   DISTRIBUTE THIS ANNOUNCEMENT OR THE TENDER OFFER MEMORANDUM (AS DEFINED
   BELOW).

   Ørsted A/S (‘Ørsted’) announces the result of its invitation to holders of
   its EUR 700,000,000 6.25 % hybrid capital securities due 3013 (the
   ‘Securities’; ISIN: XS0943370543) to tender any and all of such Securities
   for purchase by Ørsted for cash (such invitation, the ‘Offer’).

   The Offer was announced on 29 November 2022 and was made on the terms and
   subject to the conditions contained in the tender offer memorandum dated
   29 November 2022 (the ‘Tender Offer Memorandum’). Capitalised terms used
   in this announcement and not otherwise defined have the meaning given to
   them in the Tender Offer Memorandum.

   As at the Expiration Deadline for the Offer being at 17:00 CET on 5
   December 2022, EUR 256,096,000 in aggregate principal amount of the
   Securities was validly tendered pursuant to the Offer. It is hereby
   announced that Ørsted accepts for purchase all such Securities validly
   tendered in full.

   The Purchase Price is 102.00 % of the principal amount, and Ørsted will
   also pay an Accrued Interest Payment in respect of such Securities
   accepted for purchase pursuant to the Offer.

   Description: EUR 700,000,000 6.25 % hybrid capital securities due 26 June
   3013:

   •    ISIN: XS0943370543
   •    Purchase Price: 102.00 %
   •    Final accepted aggregated principal amount: EUR 256,096,000
   •    Accrued Interest: EUR 28.25 per EUR 1,000
   •    Principal amount outstanding after settlement date: EUR 93,882,000

   The applicable Purchase Price together with Accrued Interest will be paid
   to holders whose Securities have been accepted for purchase by Ørsted.
   Settlement is expected to occur on 8 December 2022.

   For further information, please contact:

   Media Relations
   Carsten Birkeland Kjær
   + 45 99 55 77 65
    1 cabkj@orsted.com 

   Investor Relations
   Rasmus Keglberg Hærvig
   + 45 99 55 90 95
    2 ir@orsted.com  

   About Ørsted
   The Ørsted vision is a world that runs entirely on green energy. Ørsted
   develops, constructs, and operates offshore and onshore wind farms, solar
   farms, energy storage facilities, renewable hydrogen and green fuels
   facilities, and bioenergy plants. Moreover, Ørsted provides energy
   products to its customers. Ørsted is the only energy company in the world
   with a science-based net-zero emissions target as validated by the Science
   Based Targets initiative (SBTi), and Ørsted aims to deliver a net-positive
   biodiversity impact from all new renewable energy projects it commissions
   from 2030 at the latest. Ørsted ranks as the world’s most sustainable
   energy company in Corporate Knights' 2022 index of the Global 100 most
   sustainable corporations in the world and is recognised on the CDP Climate
   Change A List as a global leader on climate action. Headquartered in
   Denmark, Ørsted employs approx. 7,700 people. Ørsted's shares are listed
   on Nasdaq Copenhagen (Orsted). In 2021, the group's revenue was DKK 77.7
   billion (EUR 10.4 billion). Visit  3 orsted.com or follow us on Facebook,
   LinkedIn, Instagram, and Twitter.

       Attachments

     •  4 Tender offer for hybrid capital securities – final results.pdf

   News Source: Ritzau

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   ISIN:          DK0060094928
   Category Code: RTE
   TIDM:          Orsted
   Sequence No.:  206566
   EQS News ID:   1506193


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:cabkj@orsted.com
   2. mailto:ir@orsted.com
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