Release of 21.10.2014
Yesterday the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed about the following:
América Móvil, S.A.B. de C.V. ("América Móvil") (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL) informs that its subsidiary Carso Telecom B.V. ("Carso Telecom" or the "Offeror") received during the Additional Acceptance Period of the public tender offer for all shares of Telekom Austria AG ("Telekom Austria") 38,436,668 shares representing approximately 8.68% of the share capital of Telekom Austria. The Additional Acceptance Periods expired on 16 October 2014.
Upon Settlement of the shares that participated in the Offer during the Additional Acceptance period, América Móvil will, directly and indirectly, hold 264,470,131 shares, representing approximately 59.70% of the share capital of Telekom Austria.
The Offer
The Offer was made on the terms contained in the offer memorandum published on May 15, 2014 (the "Offer Memorandum"). The initial acceptance period expired on 10 July 2014 and the Additional Acceptance Period expired on 16 October 2014. Defined terms shall have the meanings ascribed to them in the Offer Memorandum. Shareholders of Telekom Austria should refer to the Offer Memorandum for all terms, conditions and restrictions of the Offer.
Settlement
According to the terms and conditions of the Offer Memorandum, payment of the offer price of EUR 7.15 per share tendered will be made on or before 30 October 2014 by the receiving and payment agent (UniCredit Bank Austria) to all shareholders who accepted the Offer during the Additional Acceptance Period, against delivery of such shares.