Jakob Have
Member since 2026
Shares after IPO: 8,357,334
Warrants after IPO: 0
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
Grace Roberts
Employee Representative in the Board of Directors since 2026
Shares after IPO: 0
Warrants after IPO: 0
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
Thor Möger Pedersen
CEO since 2025
Shares after IPO: 41,667
Warrants after IPO: 0
Signe Storgaard
COO since 2025
Shares after IPO: 25,000
Warrants after IPO: 0
Jonas Bech
CFO since 2026
Shares after IPO: 10,000
Warrants after IPO: 0
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
Minutes – Annual General meeting 2025
Notice – Annual General Meeting 2023
Notice – Extraordinary General Meeting 2021
ESG
Our Approach
Our ESG strategy supports our ambition to be the most trusted micromobility partner to Northern European cities. In addition to climate mitigation and responsible governance, our ESG strategy reflects an ambition to support inclusive urban mobility. Through responsible micro-mobility operations, we aim to provide accessible transport options that enhance everyday connectivity within cities. Our three strategic ESG pillars are:
1. Liveable & accessible cities
Contribute to compact, inclusive urban development by enabling affordable, flexible micro-mobility that connects people to education, employment, and public transport.
2. Climate & environmental responsibility
Contribute to decarbonising urban transport by offering scalable, low- emission mobility solutions and improving life-cycle efficiency across our value chain.
3. Responsible governance & industry supply chains
Contribute to continuous focus to ensure ethical, transparent and resilient operations across the bike sharing industry’s value chains.
Donkey Republic aims to contribute to climate change mitigation, while respecting human and labour rights, the environment and anti-corruption in its business activities. Our approach combines impact transparency, operational optimization and long-term environmental stewardship.
