EQS-Adhoc: Telekom Austria AG: Information from the main shareholders on the syndicate agreement and the spin-off of the mobile towers

EQS-Ad-hoc: Telekom Austria AG / Key word(s): Miscellaneous
Telekom Austria AG: Information from the main shareholders on the
syndicate agreement and the spin-off of the mobile towers

06-Feb-2023 / 19:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

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Telekom Austria Group (VSE TKA, OTC USA: TKAGY) today was informed by the
two main shareholders — AMX and ÖBAG — that they have agreed to renew
their syndicate agreement for a term of 10 years from this date, including
certain changes to the management board structure upon expiry of the
current term of the management board members.

The company was also informed that the two shareholders have agreed to
support a spin-off of the mobile towers into a separate company the shares
of which are planned to be listed on the Vienna Stock Exchange and
distributed proportionally to Telekom Austria AG’s shareholders. A
decision about the spin-off is subject to all relevant corporate
approvals.

 

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06-Feb-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Telekom Austria AG
Lassallestrasse 9
1020 Vienna
Austria
Phone: 004350664 47500
E-mail: investor.relations@a1.group
Internet: www.a1.group
ISIN: AT0000720008
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1552979

 
End of Announcement EQS News Service

1552979  06-Feb-2023 CET/CEST

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
(C) Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender. Telekom Austria AG

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