Dong Energy’s Employees Invest almost EUR 30 Mln in Their Company

In February 2014, Dong Energy announced a share programme aimed at employees and managers. The share programme process has now been completed.

Dong Energy's Employees Invest almost EUR 30 Mln in Their Company

3,078 of the employees in Dong Energy and 212 of the managers have chosen to subscribe for shares and consequently become co-owners of Dong Energy. They are investing a total of DKK 222 million (almost EUR 30 million) in the company.

As part of the share programme, employees and managers are given the possibility to receive matching shares depending on how well Dong Energy is doing compared to other European energy companies over a number of years.

The eligibility for matching shares will be forfeited if the employee or manager in question resigns from his or her position prior to a possible IPO.

(1 Euro = 7.46 Danish Krone)

Press Release, May 14, 2014; Image: Dong Energy