Today, J.P. Morgan has announced the launch of an accelerated bookbuilt offering to institutional investors of approximately 80 million existing shares of TDC, corresponding to approximately 10% of TDC’s share capital (exclusive of treasury shares), on behalf of certain shareholders of NTC Holding G.P. & Cie S.C.A. (“NTC”). NTC and its affiliates own approximately 43.3% of the outstanding shares of TDC (exclusive of treasury shares) and will prior to the sale distribute to its shareholders the shares to be sold. TDC will not receive any proceeds from the sale. A copy of the press release is attached.
TDC A/S
Teglholmsgade 3
0900 Copenhagen C
DK-Denmark
tdc.com
