ClaimsØrsted

“DONG Energy was listed on Nasdaq Copenhagen on 9 June 2016, the biggest IPO in Danish history.”

DONG Energy, annual report 2017 DONG Energy Annual report 2016 Summary (DONG Energy) archived copy

Factual Their own work or organisation

DONG Energy was listed on Nasdaq Copenhagen on 9 June 2016, the biggest IPO in Danish history.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

True if DONG Energy shares began trading on Nasdaq Copenhagen on 9 June 2016 and the offering was the largest IPO by value in Danish history up to then. Mostly true if the listing date is off by a day or so but the listing and the record are correct. Mixed if only one of the two parts (the date and listing, or the biggest-IPO record) is correct. False if neither is correct.

Set before the research began.

Evidence (4)

  1. E1 IPO Results Value DONG at EUR 13.2 Billion offshorewind.biz · 9 June 2016

    “The admission to trading and official listing of the company’s shares on Nasdaq Copenhagen took place on Thursday, 9 June, at 9 AM CET. Measured in market capitalization, DONG Energy is the largest company to be admitted to trading in the Nordics since 2000, Nasdaq Copenhagen said.”

  2. E2 Flux Favors Innovation - Global Finance Magazine Global Finance Magazine · 14 June 2017

    “With a 19.7 billion Danish kroner ($2.9 billion) offer size and an equity market value of 98.2 billion Danish kroner, the deal at the time of the offering, was the largest IPO globally (fourth largest at year-end 2016) and remains the largest IPO ever in Denmark.”

  3. E3 OErsted A/S DONG Energy announces the result of its Initial Public Offering, including an offer price of DKK 235 per offer share EQS Group AG (issuer announcement by DONG Energy A/S) · 9 June 2016 Own record

    “Admission to trading in and official listing on Nasdaq Copenhagen of the shares of DONG Energy is expected to take place on 9 June 2016.”

  4. E4 [PDF] IPO Watch Europe 2016 PwC (IPO Watch Europe 2016 annual review, hosted on serbiaipo.com)

    “For the first time Nasdaq Nordic finished 2016 as Europe’s most active exchange, both in terms of value and volume, with Dong Energy A/S as the largest IPO.”

Reasoning

E1, an independent trade report, states that DONG Energy's shares were admitted to trading and officially listed on Nasdaq Copenhagen on 9 June 2016, matching the issuer's own expected date in E3. E2, an independent financial magazine writing in 2017, states that the offering remains the largest IPO ever in Denmark. E4 supports the scale of the deal, naming it the largest IPO on Nasdaq Nordic in 2016. Both the listing date and the Danish IPO record are supported.

Cite this claim

Ørsted, “DONG Energy was listed on Nasdaq Copenhagen on 9 June 2016, the biggest IPO in Danish history.” (said 2017). Verdict: resolved true. Reliability API, claim c_fbca84aad6f4, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_fbca84aad6f4

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Ørsted, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

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