September 30, 2019 / 9:13 PM / 21 days ago

BRIEF- Freenet Reconfirms Decision To Vote Against Proposed Capital Increase Of Sunrise In Relation To Envisaged Acquisition Of UPC Switzerland

Sept 30 (Reuters) - freenet AG:

* DGAP-NEWS: FREENET AG: FREENET AG RECONFIRMS ITS DECISION TO VOTE AGAINST THE PROPOSED CAPITAL INCREASE OF SUNRISE IN RELATION TO ITS ENVISAGED ACQUISITION OF UPC SWITZERLAND

* FREENET AG SAYS FREENET IS HIGHLY CONVINCED THAT SUNRISE IS EXCELLENTLY POSITIONED ON A STANDALONE BASIS

* FREENET AG SAYS FREENET WELCOMES THAT SUNRISE REVIEWED TARGET CAPITAL STRUCTURE AND CONSIDERS A HIGHER LEVERAGE

* FREENET AG SAYS FREENET’S REPRESENTATIVES REMAIN DISAPPOINTED TO BE EXCLUDED FROM ONGOING DISCUSSIONS ON TRANSACTION ON SUNRISE BOARD OF DIRECTORS Source text for Eikon: Further company coverage:

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