EQS-Adhoc: Telekom Austria AG: Reference price of EuroTeleSites shares set at EUR 4.95 per share

EQS-Ad-hoc: Telekom Austria AG / Key word(s): IPO
   Telekom Austria AG: Reference price of EuroTeleSites shares set at EUR
   4.95 per share

   21-Sep-2023 / 18:34 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
   Group AG.
   The issuer is solely responsible for the content of this announcement.

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   Reference price of EuroTeleSites shares set at EUR 4.95 per share

   Telekom Austria AG has been informed that the spin-off by formation to
   establish EuroTeleSites AG in the commercial register will be registered
   with effect as of September 22, 2023. Subject to the approval of the
   listing prospectus by the Austrian Financial Market Authority and the
   admission by Wiener Börse AG, trading in the shares of EuroTeleSites AG on
   the Official Market of the Vienna Stock Exchange is also expected to
   commence on this date.

   The Management Board of Telekom Austria AG, together with the Management
   Board of EuroTeleSites AG and with the assistance of external consultants
   and their valuations, has determined the reference price of the
   EuroTeleSites shares - which forms the basis for the first price formation
   in stock exchange trading - to be EUR 4.95 per share.

   The EuroTeleSites shares will be allocated on the basis of the respective
   securities account balances in Telekom Austria shares at the end of the
   last trading day prior to the allocation date, i.e. September 21, 2023.
   Shareholders of Telekom Austria AG will receive 1 additional share in
   EuroTeleSites AG for every 4 Telekom Austria shares held. Telekom Austria
   shares will be traded "ex entitlement" to the EuroTeleSites shares as of
   September 22, 2023. An amount equal to one quarter of the reference price
   of the EuroTeleSites shares (corresponding to the allotment ratio of 1
   allotted EuroTeleSites share for every 4 Telekom Austria shares held) will
   be deducted from the closing price of the Telekom Austria shares on the
   Official Market on the Vienna Stock Exchange on September 21, 2023 prior
   to the start of trading on September 22, 2023.

   It is expressly pointed out that the depositary entry of the EuroTeleSites
   shares shall only take place on September 26, 2023 (settlement date).
   Whether or not shareholders of EuroTeleSites AG will be able to dispose of
   their EuroTeleSites AG shares already at the time of the commencement of
   trading on September 22, 2023, and prior to their depositary registration
   on September 26, 2023, and, in particular, to sell their EuroTeleSites
   shares on the stock exchange, depends exclusively on their respective
   depositary institution. Neither Telekom Austria AG nor EuroTeleSites AG
   can influence this. Shareholders are therefore requested to clarify the
   possibility of selling their EuroTeleSites shares with their custodian
   prior to registering them in their securities accounts.

    

    

    

    

    

   End of Inside Information

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   21-Sep-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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   Language:    English
   Company:     Telekom Austria AG
                Lassallestrasse 9
                1020 Vienna
                Austria
   Phone:       004350664 47500
   E-mail:      [email protected]
   Internet:    www.a1.group
   ISIN:        AT0000720008
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 1731901


    
   End of Announcement EQS News Service


   1731901  21-Sep-2023 CET/CEST

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