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MarketScreener Homepage  >  Equities  >  Xetra  >  Tele Columbus AG    TC1   DE000TCAG172

TELE COLUMBUS AG

(TC1)
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Tele Columbus : confirms their candidates for the election of the Supervisory Board at this year's AGM

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05/31/2019 | 02:35pm EDT

DGAP-News: Tele Columbus AG / Key word(s): Statement/AGM/EGM
Tele Columbus AG confirms their candidates for the election of the Supervisory Board at this year's AGM

31.05.2019 / 20:30
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE
 

Tele Columbus AG confirms their candidates for the election of the Supervisory Board at this year's AGM
 

Berlin, 31 May 2019. United Internet AG today submitted their own proposal for the election of the supervisory board at the annual general meeting scheduled for 21 June 21 to the shareholders.
 

The supervisory board of Tele Columbus AG acknowledges the list of candidates proposed by United Internet AG, but reaffirms its own proposed six candidates, consisting of three existing members of the supervisory board as well as three new candidates for the Company's supervisory board.
 

The supervisory board of Tele Columbus AG recommends a composition of the Company's controlling body which is independent, in order to represent all shareholders of Tele Columbus AG. Furthermore, the Nomination Committee regards the nominated candidates as perfectly eligible given their longstanding experience and their extensive competences, especially in light of the progressing transformation of the Company and the related strategic and operational challenges.
 

"We welcome the renewed interest of our largest shareholder United Internet to be engaged in the supervisory board of Tele Columbus AG. However the time and format of the attempt is surprising, as our earlier constructive discussions neither indicated specific criticism on the proposed composition of the supervisory board, nor have own proposals been submitted", underlines André Krause, Chairman of Tele Columbus AG. He adds: "For the purpose of reaching the optimal solution for the future composition of the supervisory board, Tele Columbus seeks to continue a constructive dialogue and a satisfying solution for both parties."
 

The Supervisory Board proposed in accordance with the proposals of its Nomination Committee to elect the candidates presented on the following webpage: https://www.telecolumbus.com/en/investor-relations/annual-general-meeting-2019/
 

About us

Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes. Via its brand P?UR, the Company, offers high-speed internet including telephony and more than 250 TV channels. All of this via a digital entertainment platform that combines linear TV with video on demand entertainment. To its housing association partners the Tele Columbus Group offers tailored models of cooperation and state-of-the-art services such as telemetric and tenant portals. As a full-service partner for municipalities and regional utilities, the Company is actively supporting the fibre-based infrastructure and broadband internet expansion in Germany. For its business customers the Group offers carrier services and corporate solutions on its proprietary fibre network. Besides its headquarter in Berlin, the Company has locations in Hamburg, Leipzig, Ratingen and Unterföhring/Munich. Since January 2015, Tele Columbus AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock exchange.
 

Disclaimer

This release may contain forward-looking statements. These statements reflect the Company's current knowledge and expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Such risks, uncertainties and assumptions may cause our actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this document.

This release contains references to certain non-GAAP financial measures, such as Normalized EBITDA and Capex, and operating measures, such as RGUs, ARPU, and Unique Subscribers calculations. These non-GAAP financial and operating measures should not be viewed in isolation as alternatives to measures of the Company's financial condition, results of operations or cash flows as presented in accordance with IFRS. The non-GAAP financial and operating measures used by the Company may differ from, and not be comparable to, similarly titled measures used by other companies.

All information contained in this release has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith. The Company does not undertake any obligation to update or revise any information contained in this release, including forward-looking statements, whether as a result of new information, future events or otherwise.




Contact:
Silke Bernhardt
Director Corporate Communications
Phone +49 (30) 3388 4177
Fax +49 (30) 3388 9 1999
presse@telecolumbus.de
www.telecolumbus.com


31.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Tele Columbus AG
Kaiserin-Augusta-Allee 108
10553 Berlin
Germany
Phone: +49 (0)30 3388 4177
Fax: +49 (0)30 3388 9 1999
E-mail: silke.bernhardt@pyur.com
Internet: www.telecolumbus.com
ISIN: DE000TCAG172
WKN: TCAG17
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 818143

 
End of News DGAP News Service

818143  31.05.2019 

fncls.ssp?fn=show_t_gif&application_id=818143&application_name=news&site_id=zonebourse

© EQS 2019
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