Effective as of today, TDC has decided to resume its share buy-back program of up to DKK 750,000,000 which was suspended on 13 February 2012 (see company announcement 6/2012).
As mentioned in connection with the announcement of the share buy-back program on 3 February 2012 (see company announcement 3/2012), NTC Holding G.P. & Cie S.C.A. has irrevocably agreed to participate pro rata in the share buy-back program. Due to the reduction of NTC Holding G.P. & Cie S.C.A.'s shareholding in TDC, NTC Holding G.P. & Cie S.C.A.'s pro rata participation in the share buy-back will be reduced to 39.3% after the resumption of the share buy-back program, corresponding to NTC Holding G.P. & Cie S.C.A.'s current ownership percentage of TDC (exclusive of treasury shares).
Reference is made to company announcement 3/2012 of 3 February 2012 for the other terms of the share buy-back program.
TDC A/S
Teglholmsgade 3
0900 Copenhagen C
DK-Denmark
tdc.com
