Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed by Schönherr Rechtsanwälte GmbH, representing América Móvil, S.A.B. de C.V. („América Móvil"), Sercotel, S.A. de C.V. („Sercotel"), and Carso Telecom B.V. („Carso Telecom") about the following:
"On behalf of our clients we notify you in accordance with Section 91 et seq. Austrian Stock Exchange Act ("SEA") about a change in major shareholdings in Telekom Austria Aktiengesellschaft (ISIN: AT0000720008), Lassallestrasse 9, 1020 Vienna ("Telekom Austria AG" or "Issuer"):
Carso Telecom B.V. is a company established under Dutch Law which is via Sercotel controlled by América Móvil as defined in Section 92 no 4 SEA: Sercotel is a wholly-owned subsidiary of América Móvil and Sercotel holds 100 % of the shares in Carso Telecom.
Hitherto América Móvil directly held 7,935,700 shares with voting rights issued by Telekom Austria AG corresponding to 1.7914 % of the voting rights in the Issuer as well as indirectly via Carso Telecom 110,841,174 shares with voting rights issued by Telekom Austria AG corresponding to 25.0206 % of the voting rights in the Issuer. Therefore, América Móvil directly and indirectly hitherto held a total of 118,776,874 shares with voting rights issued by Telekom Austria AG corresponding to 26.8119 % of the voting rights in the Issuer.
Österreichische Industrieholding AG, registered under 80286v ("ÖIAG") currently holds 125,917,735 shares with voting rights issued by Telekom Austria AG corresponding to 28.4239 % of the voting rights in the Issuer.
On 23.04.2014 Carso Telecom and ÖIAG concluded a conditional shareholders' agreement ("Syndicate Agreement") regarding their shareholdings in Telekom Austria AG. This conditional Syndicate Agreement results in the obligation pursuant to Section 91a para 7 SEA to aggregate all voting rights within the meaning of Sections 91 to 92 SEA. As a result voting rights pursuant to Sections 91 and 92 SEA and pursuant to Section 91a SEA are attributable to Carso Telecom and América Móvil as follows:
Carso Telecom aggregated 236,758,909 / 53.444 % (thresholds 30%, 35%, 40%, 45% and 50% crossed), according to Section 91 SEA 110,841,174 / 25.0206 % and according to Sections 91a, 92 SEA 125,917,735 / 28.4239 %;
América Móvil aggregated 244,694,609 / 55.2358 % (thresholds 30%, 35%, 40%, 45% and 50% crossed), according to Sections 91, 92 SEA 118,776,874 / 26.8119 % and according to Sections 91a, 92 SEA 125,917,735 / 28.4239 %.
Upon the effectiveness of the Syndicate Agreement Carso Telekom and América Móvil will thus cross the 30%, 35%, 40%, 45% and 50% thresholds of voting rights in the Issuer."
Disclaimer for forward-looking statements:
This document contains forward-looking statements. These forward-looking statements are usually accompanied by words such as "believe", "intend", "anticipate", "plan", "expect" and similar expressions. Actual events may differ materially from those anticipated in these forward-looking statements as a result of a number of factors. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement. Neither A1 Telekom Austria Group nor any other person accepts any liability for any such forward-looking statements. A1 Telekom Austria Group will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations. This report does not constitute a recommendation or invitation to purchase or sell securities of A1 Telekom Austria Group.