COPENHAGEN, Denmark, Oct. 30, 2006 (PRIMEZONE) -- Today, Nordic Telephone Company Investment ApS (NTCI), which is the ultimate Danish holding company in the group of companies holding an ownership interest of app. 88.2% in TDC A/S, has informed TDC that 41 senior executives of TDC have accepted the invitation to invest in NTCI and that they have subscribed shares to a total amount of DKK 51.5m. The subscription amounts to 4.3% of the ordinary share capital of NTCI.
TDC's new CEO, Jens Alder, has subscribed shares to an amount of DKK 10m; CFO, Hans Munk Nielsen, to an amount of DKK 4.5m; the current CEO and expected future Chairman, Henning Dyremose, to an amount of DKK 3m; and the Vice Chairman, Vagn Soerensen, to an amount of DKK 1m. The remaining 37 participants, including the presidents of the business lines of TDC and other senior executives, have subscribed shares to an amount of DKK 33m in total.