Brief: Telefonica Reaches Around 97% Of Telefonica Deutschland Share Capital

Telefonica Deutschland Holding AG

23/04/2024 07:24

April 23 (Reuters) - TELEFONICA  TEF.MC :
    * INFORMS ON RESULTS OF PUBLIC DELISTING ACQUISITION OFFER
FOR
SHARES OF TELEFÓNICA DEUTSCHLAND
    * IT REACHED APPROXIMATELY 96.85% OF TELEFÓNICA DEUTSCHLAND
SHARE
CAPITAL AND VOTING RIGHTS
    * DELISTING OFFER IS EXPECTED TO BE SETTLED ON 29 APRIL 2024
    * TOTAL NUMBER OF SHARES FOR WHICH DELISTING OFFER HAS BEEN
ACCEPTED COLLECTIVELY AMOUNT TO 74.3 MILLION SHARES
    * TOTAL CONSIDERATION OF APPROXIMATELY EUR 175 MILLION,
FUNDED
ENTIRELY WITH CASH
    * FRANKFURT STOCK EXCHANGE HAS RESOLVED UPON DELISTING OF
SHARES
OF TELEFONICA DEUTSCHLAND WHICH BECAME EFFECTIVE AS OF 18 APRIL
2024
    * 74.3 MILLION SHARES REPRESENT ABOUT 2.50% OF TELEFONICA
DEUTSCHLAND’S SHARE CAPITAL AND VOTING RIGHTS

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