DGAP-News

Tele Columbus AG: Successful settlement of the takeover offer for Tele Columbus - Seite 2

- Mr Michael Scheeren (*1957, Qualified Banker, German)

- Mrs Annelies van Zutphen (*1969, Asset Management Officer at Morgan Stanley Infrastructure Partners, Dutch)

In view of the forthcoming change of control, the current members of the Supervisory Board announced on April 14, 2021 that they will resign from office at the end of the next Annual General Meeting. After the settlement of the takeover offer today, the planned rights offering in the amount of EUR 475 million is expected to start in a timely manner. The rights offering will be guaranteed by Kublai.

Further information on the takeover offer is available at www.faser-angebot.de.

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About Tele Columbus

Tele Columbus AG is one of Germany's leading fibre network operators, which reaches more than three million homes. Through its brand PŸUR, the Company offers high-speed internet including telephony and more than 250 TV channels on a digital entertainment platform that combines linear TV with video on demand entertainment. To its housing as-sociation partners the Tele Columbus Group offers tailored models of cooperation and state-of-the-art services such as telemetric and tenant portals. As a full-service partner for municipalities and regional utilities, the Company is actively supporting the fibre-based infrastructure and broadband internet expansion in Germany. For its business customers, the Group offers carrier services and corporate solutions on its proprietary fibre network. Besides its headquarter in Berlin, the Company has locations in Hamburg, Leipzig, Ratingen and Unterföhring. Since January 2015, Tele Columbus AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock exchange.

Disclaimer

This release may contain forward-looking statements. These statements reflect the Company's current knowledge and expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Such risks, uncertainties and assumptions may cause our actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.