Publication of offer documents regarding TeliaSonera’s repurchase offer
- 2005-05-06 06:00 UTC
The repurchase offer is not directed to shareholders located in the United States, Canada, Australia, New Zealand and Japan or to persons whose participation in the repurchase offer requires additional information or registration measures or other measures in addition to those required under Swedish and Finnish law. Copies of this press release, the offer document and any other documents related to the offer are not being, and must not be, mailed or otherwise distributed or sent in or into such countries and so doing may invalidate any purported acceptance of the offer.
On April 26, 2005, TeliaSonera AB (publ) (“TeliaSonera”) decided to repurchase a maximum of 187,009,282 shares, by offering the shareholders of TeliaSonera to sell every twenty-fifth share to TeliaSonera for a cash payment of SEK 55 (approximately EUR 6.05) per share. TeliaSonera has prepared a Swedish and Finnish offer document detailing the repurchase offer.
The Swedish offer document
TeliaSonera has prepared an offer document in accordance with Swedish laws and regulations and in the Swedish language for use only by eligible shareholders with shares directly registered in the book-entry system maintained by VPC AB (“VPC-registered shares”). The Swedish language offer document has been translated into English for the convenience of eligible foreign shareholders of VPC-registered shares. The Swedish offer document in the Swedish language has been registered with the Swedish Financial Supervisory Authority and is available at TeliaSonera’s headquarters, Sturegatan 1, Stockholm, Sweden and at Nordea, Smålandsgatan 24, Stockholm, Sweden. The Swedish offer document will be sent to shareholders whose holding in TeliaSonera was directly registered at VPC on May 4, 2005. The Swedish offer document can be ordered from Nordea by phone +46 (0)771 333 999 or e-mail email@example.com. The Swedish offer document is also available at www.teliasonera.com/ir and www.nordea.se/placera.
The Finnish offer document
TeliaSonera has prepared an offer document, corresponding to the Swedish offer document, in accordance with Finnish laws and regulations in the Finnish language for use by eligible shareholders with shares registered in the Finnish book-entry system maintained by Finnish Central Securities Depository Ltd (“APK-registered shares”). Certain adjustments have been made in the offer document to shareholders of APK-registered shares with regard to e.g. terms and instructions, tax issues, as well as convenience currency conversions from SEK into EUR, as compared to the offer document directed to shareholders of VPC-registered shares, in order to accommodate the offer document to the Finnish market practice and the technical solutions available in Finland. The Finnish language offer document has been translated into English and Swedish for the convenience of eligible shareholders of APK-registered shares. The Finnish offer document in the Finnish language has been approved by the Finnish Financial Supervision Authority.
The Finnish offer document will be sent to shareholders whose holding in TeliaSonera was directly registered in a Finnish book-entry account on May 4, 2005. The Finnish offer document can be ordered by phone +358 (0)203 42 422 (service provided in Finnish and Swedish, local network charge/mobile call charge) or e-mail to: firstname.lastname@example.org. The Finnish offer document is also available at www.teliasonera.com/ir and www.nordea.fi/sijoita, as well as at OMX way, Fabianinkatu 14, 00130 Helsinki, Finland.
 Convenience currency conversions from SEK to EUR have been calculated by using Bank of Finland’s monthly average EUR/SEK exchange rate of 9.0884 in March, 2005. The actual repurchase price that finally will be payable in euro to the shareholders whose shares are registered in a Finnish book-entry account, will be determined at the prevailing EUR/SEK exchange rate on or around July 1, 2005, i.e. in close connection to the payment date in the repurchase offer.