Release of 30.06.2023
Executive Board and Supervisory Board nominated, shareholders to vote on this at an extraordinary general meeting on August 1
Following the agreement reached by the core shareholders, the Supervisory Board of Telekom Austria AG adopted the formal resolutions for the spin-off of the cell tower business at its last meeting. The company will be named "EuroTeleSites AG" and will be listed on the Vienna Stock Exchange before the end of 2023.
The ownership structure of the spun-off company will initially be retained in relation to the previous ownership structure of Telekom Austria AG. The transaction is to be approved by Telekom Austria's shareholders at an extraordinary general meeting on August 1, 2023 and then implemented as soon as possible.
After the two members of the Executive Board of EuroTeleSites AG were nominated two weeks ago with Ivo Ivanovski as CEO and Lars Mosdorf as CFO, the designated Supervisory Board has now also been appointed. In the future, the Supervisory Board will consist of Barbara Potisk-Eibensteiner as Chairwoman of the Supervisory Board and Oscar Von Hauske Solis as Deputy Chairman of the Supervisory Board. The following other members will be members of the future Supervisory Board: Roxana Flores Anderson, Elisabetta Castiglioni, Santiago Dawson, Daniel Hajj Slim, Edith Hlawati, Ernesto Leyva, Elisabeth Muhr and Ana Simic.