EQS-WpÜG
Tender Offer / Target company: Telefónica Deutschland Holding AG; Bidder: Telefónica Local Services GmbH
- Telefónica Local Services GmbH makes public delisting acquisition offer to Telefónica Deutschland Holding AG shareholders.
- Bidder offers EUR 2.35 per share in cash for Telefónica Deutschland Shares.
- Offer not subject to conditions, settlement expected in late April/early May 2024.
EQS-WpÜG: Telefónica Local Services GmbH / Tender Offer Publication of the decision to make a public delisting acquisition offer pursuant to Section 10 para. 1 and para. 3 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz – “WpÜG”) in conjunction with Section 39 para. 2 sent. 3 no. 1 of the German Stock Exchange Act (Börsengesetz – “BörsG”) |
Bidder:
Telefónica Local Services GmbH
Adalperostraße 82-86
85737 Ismaning
Germany
registered with the commercial register of the local court of Munich under HRB 287256
Target:
Telefónica Deutschland Holding AG
Georg-Brauchle-Ring 50
80992 Munich
Germany
registered with the commercial register of the local court of Munich under HRB 201055
ISIN: DE000A1J5RX9 / WKN: A1J5RX
Information by the Bidder:
Today, on 7 March 2024, Telefónica Local Services GmbH (the “Bidder”) has decided to make a public delisting acquisition offer (öffentliches Delisting-Erwerbsangebot) pursuant to Section 39 para. 2 sent. 3 no. 1 BörsG to the shareholders of Telefónica Deutschland Holding AG, with registered office in Munich, Germany (“Telefónica Deutschland”), to acquire all non-par value registered shares in Telefónica Deutschland not yet directly held by the Bidder (the “Delisting Offer”), each share representing a proportionate amount of EUR 1.00 of the share capital of Telefónica Deutschland (ISIN DE000A1J5RX9) (the “Telefónica Deutschland Shares”).