Regulatory announcement by PPF Telco B.V. on the results of reverse accelerated bookbuilding for the acquisition of shares in O2 Czech Republic a.s.
The purchase of Shares was accomplished via reverse accelerated bookbuilding (the “RABB”) from the relevant investors, following the previously published announcement by PPF Telco of the commencement of the RABB.
Following settlement of the transaction, PPF Telco and other persons from the PPF Group acting in agreement will hold a total of 90.01% stake in the base capital and voting rights of the Company.
PPF banka a.s. acted as the sole bookrunner in connection with the RABB.
PPF Telco initiated the RABB for the purchase by PPF Telco and other persons from the PPF Group acting in agreement of more than 90% of the base capital and voting rights in the Company to exercise their right to request that the General Meeting of Shareholders of the Company approve a squeeze-out procedure of minority shareholders in the Company through a mandatory tender, in accordance with Section 375 et seq. of Act No. 90/2012 Coll., on Commercial Companies and Cooperatives (Business Corporations Act).
For more information contact:
Leoš Rousek
PPF Group Spokesperson
T: (+420) 224 174 704
spokesperson@ppf.eu
LEGAL DISCLAIMER
This announcement and the information contained herein may not be released, published or distributed, directly or indirectly, in whole or in part, in or to the United States, Canada, Japan or Australia or any other jurisdiction where such publication or distribution is unlawful.
The material set forth herein is for information purposes only and may not constitute or form part of an offer or the solicitation of an offer to buy, sell, issue, acquire or subscribe to any securities; nor shall any offer, solicitation, sale or purchase of securities in any jurisdiction in which such offer, solicitation, sale or purchase is unlawful be released, published or distributed in or to the United States, Australia, Canada or Japan. This announcement and the RABB do not constitute a voluntary public proposal to purchase participating securities (shares) in accordance with Section 322 et seq. of Act No. 90/2012 Coll., on Commercial Companies and Cooperatives (Business Corporations Act).
The distribution of this announcement may be restricted by law in certain jurisdictions. Persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restrictions and must not under any circumstances forward this communication to any other person. Failure to comply with such restrictions may violate the securities laws of any such jurisdiction.
PPF banka a.s. is authorised under the relevant law of the Czech Republic and the European Union and is supervised by the Czech National Bank. PPF banka acts exclusively for PPF Telco and for no other person in connection with the RABB. PPF banka will not regard any other person as its client in relation to the RABB and will not be responsible to any other person for providing the protections afforded to its clients, nor for providing advice in relation to the contents of this announcement or any transaction, arrangement or other matter referred to herein.
PPF banka and its affiliates, and any of their respective directors, officers, employees, advisers or agents accept no responsibility or liability whatsoever for, or make any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to PPF Telco or the Company or any of its subsidiaries or associated companies, whether in written, oral, visual or electronic form, and howsoever transmitted or made available, or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.
