Today, certain shareholders of NTC Parent S.à r.l. (“NTC”) have agreed to sell 120 million shares in TDC, corresponding to approximately 15% of TDC’s share capital (exclusive of treasury shares), in an accelerated bookbuilt offering. The shares will be sold to institutional investors. TDC will not receive any proceeds from the sale.
Following payment and settlement of the transaction, which is expected to take place on 13 February, 2013, NTC, its subsidiaries and certain related parties will own approximately 18% of TDC’s share capital and voting rights, exclusive of treasury shares.
A copy of the press release is attached.
TDC A/S
Teglholmsgade 3
0900 Copenhagen C
DK-Denmark
tdc.com
