Brief: Telefonica Reaches About 93.10% Of Unit Telefonica Deutschland's Share Capital

Telefonica Deutschland Holding AG

22/01/2024 06:43

Jan 22 (Reuters) - Telefonica SA  TEF.MC :
    * INFORMS ON RESULTS OF PUBLIC ACQUISITION OFFER FOR SHARES
OF
TELEFÓNICA DEUTSCHLAND
    * TELEFONICA HAS REACHED APPROXIMATELY 93.10% OF TELEFONICA
DEUTSCHLAND'S SHARE CAPITAL AND VOTING RIGHTS
    * NUMBER OF SHARES FOR WHICH OFFER HAS BEEN ACCEPTED PLUS
NUMBER
OF TELEFONICA DEUTSCHLAND SHARES HELD BY TELEFONICA AT CLOSE OF
LAST TRADING DAY OF ACCEPTANCE PERIOD COLLECTIVELY AMOUNT TO
2,769,413,111, FOR TOTAL CONSIDERATION OF EUR 1,483 MILLION
FUNDED WITH CASH
    * AS AT DATE OFFER WAS ANNOUNCED TELEFONICA HELD, DIRECTLY
OR
INDIRECTLY, 71.81% OF SHARE CAPITAL AND VOTING RIGHTS OF
TELEFONICA DEUTSCHLAND, AND THEREFORE OFFER WAS ANNOUNCED FOR
SHARES REPRESENTING ABOUT REMAINING 28.19%
    * FOLLOWING EXPIRY OF ACCEPTANCE PERIOD, OFFER HAS BEEN
ACCEPTED
BY SHAREHOLDERS HOLDING 233,732,773 TELEFONICA DEUTSCHLAND
SHARES, REPRESENTING ABOUT 7.86% OF ITS SHARE CAPITAL AND VOTING
RIGHTS
    * IT ACQUIRED 399,577,992 TELEFONICA DEUTSCHLAND SHARES,
REPRESENTING APPROXIMATELY 13.43% OF ITS SHARE CAPITAL AND
VOTING RIGHTS
    * OFFER IS EXPECTED TO BE SETTLED ON 26 JANUARY 2024

Source text for Eikon:  urn:newsml:reuters.com:*:nCNM23sJwJ
Further company coverage:  TEF.MC 

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