DGAP-News: Tele Columbus AG: Delisting offer announced by Kublai GmbH
Retrieved on:
Friday, June 25, 2021
The Management Board of Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17) takes note of yesterday's decision of Kublai GmbH to make a public delisting tender offer.
Key Points:
- The Management Board of Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17) takes note of yesterday's decision of Kublai GmbH to make a public delisting tender offer.
- In the Offer Document dated 29 January 2021, Kublai had reserved the right to make a delisting offer in the event of a successful offer, depending on the market environment.
- The Management Board, the Supervisory Board and the major shareholder Kublai GmbH are convinced that Tele Columbus AG is better positioned as a de-listed company.
- After completion of the voluntary public takeover offer in April 2021 and the capital increase with subscription rights in the amount of approximately 475 million in May 2021, Kublai GmbH currently directly holds approximately 94.4% of the share capital of Tele Columbus AG.