20th Sep 2005 11:44
Telefonica SA20 September 2005 Telefonica S.A., as provided in article 82 of the Spanish Stock Market Act (Leydel Mercado de Valores), hereby reports the following SIGNIFICANT EVENT The offering period related to the mandatory tender offer that Telefonica S.A.launched for 48.9% of Cesky Telecom a.s.' capital on July 29th, 2005 expiredyesterday, September 19th, 2005. Telefonica had the obligation to launch this offer after acquiring 51.1% of thecompany on June 16th, 2005. The total acceptances tendered in the public offer has been 59 million shares(37.5% of the free float), which at the offer price of CZK 456 per sharerepresent a total consideration of approximately • 917 mill. After completion of the tender offer, Telefonica's interest in Cesky Telecomwill have increased from 51.1% to 69.4%. Madrid, September 20th, 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TDE.L