Voluntary public delisting takeover (cash offer) of Telefónica Local Services GmbH to the shareholders of Telefónica Deutschland Holding AG – Update
Note: This Announcement has been amended to reflect the new dates of the exchange and follow-up transfer periods. Changes have been highlighted.
Details of the procedure for the exchange of Telefónica Deutschland Holding AG registered shares (ISIN DE000A1J5RX9) are described in Wertpapier-Mitteilungen (German gazette with securities announcements)
Exchange into “Telefónica Deutschland Holding AG registered shares tendered for sale”
The transfer will take place via a securities transfer (CASCADE transaction: KVEE WE) by indicating “4 – Originalaktien in Anrechte” in the “TR” field. This transfer is only possible from Freier Meldebestand (FMB, unregistered positions). The shares must therefore be transferred in advance via a position transfer (CASCADE-RS transaction: KVEE BV) into unregistered positions.
The exchange is to be carried out in the period from 20 March 2024
up to and including 18 April 2024
The “Telefónica Deutschland Holding AG registered shares tendered for sale” (ISIN DE000A4BGGA2) will be issued as registered securities. The certificates resulting from the exchange described above will be allocated to unregistered positions.
There is a follow-up transfer period up to 22 April 2024.
Registration of shareholders via re-registration
The shareholders of the “Telefónica Deutschland Holding AG registered shares tendered for sale” (ISIN DE000A4BGGA2) must be recorded in the company’s share register. Corresponding re-registrations (KVCU) can be entered by the custodian banks in CASCADE-RS since 20 March 2024.
Information on submission planning
Due to the processing capacities in CASCADE-RS, submissions amounting to 10,000 re-registrations or more per transfer must be arranged in advance with Clearstream Banking Client Services. Within the scope of overall coordination, Clearstream Banking1 reserves the right to reject file transfers that have not been arranged in advance.
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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.