Shareholding in Europolitan
Vodafone Group Plc
25 February 2003
25 February 2003
For Immediate Release - Not for release or distribution in the United States of
America, Canada or Japan
VODAFONE FURTHER INCREASES SHAREHOLDING IN EUROPOLITAN
Further to the announcement of Vodafone Group Plc ('Vodafone') on 14 February
2003 relating to its recommended offer for the outstanding shares which it does
not already own in Europolitan Vodafone AB (publ) ('Europolitan') (the 'Offer'),
Vodafone today announces that it has further increased its shareholding in
Europolitan from approximately 88.3% to approximately 90.1% on an undiluted
basis. The increase in shareholding was effected through market purchases since
14 February 2003 and the acquisition of shares tendered in the Offer, for a
consideration of approximately SEK341 million.
Vodafone now intends, following completion of the Offer, to implement compulsory
acquisition procedures to acquire 100% of the shares in Europolitan.
Furthermore, de-listing of Europolitan's shares from the Stockholm Exchange
(Stockholmsborsen) will be sought.
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
Enskilda Securities
Martin Brandt
Tel: +46 (8) 52 22 95 00
Tavistock Communications
Lulu Bridges/John West
Tel: +44 (0) 20 7600 2288
The Offer will not be made, directly or indirectly, in or into the United States
of America, Canada or Japan, and copies of this document and any future related
materials are not being and may not be mailed or otherwise distributed or sent
in or into the United States of America, Canada or Japan.
The Offer will furthermore not be directed to persons whose participation in the
offering requires that further Offer documents are issued or that registration
or other measures are taken, other than those required under Swedish law. No
document relating to the Offer may be distributed in or into any country where
such distribution or offering requires any of the aforementioned measures to be
taken or would be in conflict with any law or regulation of such a country.
- ends -
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