Telefónica Deutschland Holding AG intends to delist
- Considering all circumstances, Telefónica Deutschland's Management Board and Supervisory Board have concluded that a delisting is in the company's best interest.
- Telefónica Deutschland has signed a delisting agreement on 7 March 2024 with Telefónica Local Services GmbH.
- Telefónica Local Services GmbH plans a public delisting acquisition offer to Telefónica Deutschland shareholders at EUR 2.35 per share in cash.
- Telefónica Deutschland’s will postpone the date for this year's Annual General Meeting.
- Apart from the dividend for financial year 2023, Telefónica Local Services GmbH and its parent company Telefónica, S.A. currently do not intend to support a dividend distribution.
Legal information
AdHoc news 07.03.2024
Telefónica Deutschland intends to delist, delisting agreement signed, Telefónica Local Services plans delisting acquisition offer, expected change to dividend policy
Joint reasoned statement of the management Board and the Supervisory Board dated 13.12.2023
Corporate News 13.12.2023
Management Board and Supervisory Board jointly recommend acceptance of the voluntary public acquisition offer
AdHoc news 07.11.2023
Voluntary public acquisition offer by Telefónica Local Services GmbH
Investment Case
Investor Relations
For any questions related with the Telefónica Deutschland share please contact our Investor Relations-Team.
Financial Calendar
May
15
| Annual General Meeting 2024**** The envisaged date for Telefónica Deutschland's Annual General Meeting will be postponed to a later date, yet to be announced. In any event, the AGM will take place after the settlement of Telefónica Local Services’ delisting offer and no earlier than Mid-June 2024.
|