English Lithuanian
Published: 2012-07-02 08:00:03 CEST
Telia Lietuva
Notification on material event

Announcement on the completion of the voluntary takeover bid of TeliaSonera AB and purchases in an open market

On 2 July 2012 TEO LT, AB (hereinafter “the Company” or “TEO”) received the information from its shareholder TeliaSonera AB (publ), that during non-competitive voluntary takeover bid to buy up the remaining ordinary registered voting shares of the Company which was completed on 29 June 2012 (hereinafter – Takeover bid), sell orders for 12,719,908 shares of the Company were placed. In addition, TeliaSonera AB (publ) acquired 80,437,785 shares of the Company in the open market during the period from May 8 to June 29. 

The settlement of all sell orders placed into the Takeover bid will take place on 4 July 2012. After the settlement, TeliaSonera AB (publ) shall own 88.15 percent of the total share capital.

Together with the completion of the Takeover bid, TeliaSonera AB (publ) also stopped purchases of Company‘s shares in an open market.

 

NOT TO BE DISTRIBUTED IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA JAPAN OR ITALY  

The takeover bid is made in accordance with the laws of the Republic of Lithuania and will not be subject to any filing with, or approval by, any foreign regulatory authority. 

This announcement does not constitute, or form part of, any offer or invitation to sell, or any solicitation of any offer to purchase any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of or be relied on in connection with, any contract therefor. The takeover bid is not being made and will not be made directly or indirectly in, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or any facilities of a national securities exchange of, the United States of America. This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone and the internet. Accordingly, copies of this announcement and any related takeover bid documents are not being, and must not be, mailed or otherwise transmitted, distributed or forwarded in or into the United States of America. Any purported acceptance of the takeover bid resulting directly or indirectly from a violation of these restrictions will be invalid. No securities or other consideration is being solicited and if sent in response by a resident of the United States of America will not be accepted. No indications of interest in the takeover bid are sought by this announcement.  

The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions. Receipt of this announcement will not constitute a takeover bid in those jurisdictions in which it would be illegal to make the takeover bid and in such circumstances it will be deemed to have been sent for information purposes only. 

The takeover bid will not be made, directly or indirectly, in or into and is not and will not be capable of acceptance in or from Canada, Australia, Japan or Italy. Any purported acceptance of the takeover bid resulting directly or indirectly from a violation of these restrictions will be invalid. 

Persons receiving this document or any other related documents (including custodians, nominees and trustees) should observe these restrictions and must not send or distribute this document in or into the United States of America Canada, Australia, Japan or Italy. Doing so may render invalid any purported acceptance.

 

         Eglė Gudelytė-Harvey,
         Director of Corporate Administration and Legal Affairs Unit,
         tel. +370 5 236 7292