Vodafone Group Plc
09 April 2003
9 April 2003
FINAL RESULTS OF VODAFONE'S OFFER FOR VODAFONE LIBERTEL
VODAFONE TO INCREASE SHAREHOLDING IN VODAFONE LIBERTEL TO 98.2%
Vodafone Group Plc ('Vodafone') today announces the outcome of the post-closing
acceptance period in respect of its public offer for the shares in Vodafone
Libertel N.V. ('Vodafone Libertel') that it did not already own (the 'Offer').
The post-closing acceptance period, allowing shareholders who had not already
tendered their Vodafone Libertel shares the opportunity to do so, ended at
3.00pm (CET) on 8 April 2003.
After acquiring the Vodafone Libertel shares tendered in the post-closing
acceptance period, Vodafone will own a total of 306,783,156 Vodafone Libertel
shares, representing approximately 98.2% of the total issued share capital of
Vodafone Libertel. Payment of the Offer price of EUR 11.00 in respect of the
Vodafone Libertel shares tendered and delivered in the post-closing acceptance
period will be made on 11 April 2003.
As previously announced, as Vodafone owns more than 95% of the total issued
share capital of Vodafone Libertel, excluding any shares that Vodafone Libertel
owns, Vodafone intends to exercise its rights under Dutch law to initiate a
squeeze-out procedure in order to acquire 100% of the shares in Vodafone
Libertel.
Vodafone Libertel's shares are de-listed from the Official segment of Euronext
Amsterdam N.V.'s stock market with effect from today.
For further information contact:
Vodafone Group Plc
Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Director of Group Investor Relations
Bobby Leach, Head of Group Financial Media Relations
Darren Jones, Senior Investor Relations Manager
Tel: +44 (0) 1635 673310
Goldman Sachs International
Simon Dingemans
Tel: +44 (0) 20 7774 1000
Tavistock Communications
Lulu Bridges / Justin Griffiths
Tel: +44 (0) 20 7600 2288
This announcement has been issued by Vodafone Group Plc and is the sole
responsibility of Vodafone Group Plc and has been approved solely for the
purposes of Section 21 of the Financial Services and Markets Act 2000 by Goldman
Sachs International.
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