Release of 01.07.2014
Today Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed by CHSH Cerha Hempel Spiegelfeld Hlawati Partnerschaft von Rechtsanwälten, representing Österreichische Industrieholding AG, FN 80286v („ÖIAG"), which currently owns 125,917,735 shares (equivalent to 28.42%) of Telekom Austria Aktiengesellschaft, FN 144477t, ISIN AT0000720008 („Telekom Austria") about the following:
We refer to our last notification in accordance with §§91 et seq. of the Exchange Act dated April 25, 2014.
On 23 April 2014 ÖIAG entered into a conditional shareholders' agreement with (i) Carso Telecom B.V., register number 55341535 of the commercial register of the Netherlands ("Carso Telecom") and (i) América Móvil, S.A.B. de C.V., register number 263.770 of Mexico City's Registro Publico de Comercio ("América Móvil"), where the parties to it have contractually undertaken, upon effectiveness, to jointly pursue a long-term policy with regard to the management of Telekom Austria, by exercising voting rights on a concerted basis ("Syndicate Agreement").
By June 27, 2014, all conditions precedent were fulfilled. Upon fulfillment of all conditions precedent the Syndicate Agreement became effective.
According to its notification in accordance with §§91 et seq. of the Exchange Act of June 30, 2014, Carso Telecom currently owns directly 112,364,723 shares of Telekom Austria (equivalent to 25.36%) and is itself 100% indirectly owned by América Móvil, which in turn currently owns directly 7,935,700 shares of Telekom Austria (equivalent to 1.79%).
Therefore, according to §§91, 91a and 92 Z1 BörseG, the Syndicate Agreement currently covers 246,218,158 shares of Telekom Austria, which equates to a shareholding of 55.58%.
Therefore, upon effectiveness of the Syndicate Agreement ÖIAG has exceeded the 30%, 35%, 40%, 45% and 50% reporting thresholds according to §§92 Z 1, § 91 BörseG.