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BRIEF-TDC says main owner has sold 120 mln shares
February 8, 2013 / 11:01 AM / 5 years ago

BRIEF-TDC says main owner has sold 120 mln shares

COPENHAGEN, Feb 8 (Reuters) - TDC A/S : * Says shareholders of NTC, TDC’s main owners, have agreed to sell 120

million shares in TDC, corresponding to approximately 15% of tdc’s share

capital, in an accelerated bookbuilt offering. * The shares will be sold to institutional investors. TDC will not receive any proceeds from the sale. * Following payment and settlement of the transaction, which is expected to take place on 13 February, 2013, NTC, its subsidiaries and certain related parties will own approximately 18% of TDC’s share capital and voting rights, exclusive of treasury shares.

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