EQS-Ad-hoc: Telekom Austria AG / Key word(s): Miscellaneous 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.
06-Feb-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com |
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 |
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1552979 06-Feb-2023 CET/CEST
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