Marion Galan Alfonso
Employee Representative in the Board of Directors since 2022
Shares after IPO: 1,161
Warrants after IPO: 4,500
Equity Story
Founded in 2014, Donkey Republic has a strong focus on contributing to the development of sustainable transport to improve the quality of life in cities and for the sharing economy. To date, Donkey Republic’s services have converted millions of car and bus journeys to bicycle transport. Donkey Republic has continuously increased the number of users year by year.
The business model is based partly on Donkey Republic cooperating and entering into long-term contracts with cities that pay Donkey Republic with long-term earnings over typically 5-10 years where the city and its citizens get access to bikes and services, and partly on the company also receiving revenue from private users who rent the bikes as well as from corporate agreements and partnerships.
Donkey Republic has its own developed platform and through this offers bike sharing, where the bikes are accessed digitally for both private and corporate users, who can use the services in real time via a mobile app. Users register via the app and can then take advantage of the services. In addition to the main business, operations, support services and data are offered. Operations are carried out in Europe with headquarters in Copenhagen.
Donkey Republic is a green company, and our figures for our local operations continue to prove their growth, financial sustainability and profitability. In the future, we expect continued growth and profitability through more users and through long-term and financially sustainable co-operation agreements and contracts with cities across Europe.
Donkey Republic shares are traded under DONKEY at NASDAQ First North Growth Market. You can follow the share price here, including buying and selling shares: https://www.nordnet.dk/markedet/aktiekurser/17493029-donkey-republic-holding
Shares can be bought and sold through your own bank and financial institution. For this you are to contact your bank or financial institution.
Board of Directors
Marina Kolesnik
Member since 2021
Shares after IPO: 0
Warrants after IPO: 15,000
Independency Assessment: independent
Laurent Mercat
Member since 2021
Shares after IPO: 0
Warrants after IPO: 15,000
Independency Assessment: independent
Jens Kramer Mikkelsen
Member since 2019
Shares after IPO: 0
Warrants after IPO: 15,650
Independency Assessment: independent
Karl Erik Wenngren
Member since 2019
Shares after IPO: 0
Warrants after IPO: 0
Independency Assessment: dependent
Jesper Lilledal Holmgaard
Member since 2016
Shares after IPO: 0
Warrants after IPO: 0
Independency Assessment: dependent
Caroline Søeborg Ahlefeldt
Chairman since 2019
Shares after IPO: 25,000
Warrants after IPO: 0
Independency Assessment: independent
Erdem Ovacik
Co-founder & Executive Board Member since 2014
Shares after IPO: 619,325
Warrants after IPO: 155,582
Executive Management Team
Niels Henrik Rasmussen
CEO since 2022
Shares after IPO: 158,154
Warrants after IPO: 1,324,855
Morten Nybye-Petersen
COO since 2022
Shares after IPO: 0
Warrants after IPO: 82,804
Christian Dufft
CFO since 2019
Shares after IPO: 49,750
Warrants after IPO: 172,054
The Executive Management Team is responsible for the daily operations of Donkey Republic. In addition, the Executive Management ensures that the Company’s bookkeeping follows the applicable rules and regulations, and that the administration of the Company’s assets is carried out in an appropriate manner. The executive management team consists of capable people with deep understanding of the mobility market, extensive leadership skills and previous experience of start-up and entrepreneurship as well as experience from large, listed corporations.
Legal & General Meetings
Explore our legal documents and the General meetings from 2021 onwards below.
Legal Documents
General Meetings
Notice – Annual General Meeting 2023
Notice – Extraordinary General Meeting 2021
ESG
Our Approach
At Donkey Republic, we provide sustainable mobility solutions to urban areas, to improve public health, space utilization, congestion, and the release of greenhouse gas emissions into the atmosphere, as well as reducing noise pollution. We provide a better alternative transportation mode in integration with public transport. We aim to deliver a high quality and affordable bike sharing service with a value chain approach to our operations and production of vehicles. Serving cities with responsible operations, including enforcement of proper parking restrictions as well as employing our mechanics, and avoiding grey zones practices such as “gig economy”.
Donkey Republic commits to consider ESG factors in business decision making. To conduct internal assessments in alignment with ILO, UNGP, OECD guidelines, including climate risk vulnerability assessments and implementing our supplier framework with particular focus on the battery supply chain. We aim to substantially contribute to climate change mitigation, while respecting human & labour rights, environment and anti-corruption in our business activities.
“We are a company that works for sustainability and sharing economy, and we are proud that our services have to date converted more than 3 million car and bus transports to bicycle rides. We are a green company that is growing very strongly, and that in cooperation with the cities for our mission to develop a better quality of life in cities for its citizens”
Niels Henrik Rasmussen – CEO of Donkey Republic
