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17 March 2023

Moalem Weitemeyer assisted Danske Andelskassers Bank in documented share offering

Danske Andelskassers Bank (ticker: DAB) announced the successful completion of a documented share offering of 37.2 million new shares at a price per share of DKK 9. The offering was in high demand among existing shareholders with 99% taken up by first round exercise of pre-emptive subscription rights and 1% taken up by existing shareholders in a second round. The offering brought the bank gross proceeds of DKKM 334.6 for strengthening of the regulatory capital and growth. 

Moalem Weitemeyer acted as counsel to Danske Andelskassers Bank alongside Danske Bank as financial advisor and Kromann Reumert as counsel to Danske Bank.

Henning Aasmul-Olsen


+45 30 37 96 50

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Joachim Buznicki Nørlem

Senior Associate

+45 30 37 96 02

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