The Radio and Television Commission of Lithuania gave a permission to transfer the controlling interest of the re-broadcasting license holder TEO LT, AB (hereinafter – TEO or ‘the Company’) from Amber Teleholding A/S (code 20758694 and having its registered office address at Holmbladsgade 139, DK-2300 Copenhagen S, Denmark) to TeliaSonera AB (publ) (code 556103-4249 and having its registered office address at Stureplan 8, Stockholm SE-106 63, Sweden). Amber Teleholding A/S, a subsidiary of TeliaSonera AB (publ), holds a 62.94 per cent stake in TEO. TeliaSonera AB (publ) directly holds 5.14 per cent of the share capital of TEO and intends to take over the controlling interest of the Company from Amber Teleholding A/S.
After completion of the transaction, TeliaSonera AB (publ), together with TEO shares held before the transaction, will have a total of 528,843,272 ordinary shares of TEO that accounts to 68.08 per cent of the total number of shares issued by the Company and gives the same number of votes at the General Meeting of Shareholders, i.e. the same number of shares that was held by TeliaSonera AB (publ) directly and indirectly through Amber Teleholding A/S before the transaction.
The Commission for Assessment of Conformity of Potential Participants of Enterprises of Strategic or Considerable Importance to National Security to the Interests of National Security has made a conclusion that TeliaSonera AB (publ) conforms to the interests of national security and may take over the shares of TEO LT, AB.
Eglė Gudelytė-Harvey,
Director of Legal and Corporate Affairs Unit,
tel. +370 5 236 7292