DGAP-News: Tele Columbus AG / Key word(s): AGM/EGM/Capital Increase 
Tele Columbus AG: Extraordinary General Meeting of Tele Columbus approves capital increase; first milestone achieved to 
create a sus-tainable capital structure 
2021-01-20 / 13:14 
The issuer is solely responsible for the content of this announcement. 
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PRESS RELEASE 
Extraordinary General Meeting of Tele Columbus approves capital increase; first milestone achieved to create a 
sustainable capital structure 
- Extraordinary General Meeting approves capital increase through Rights Offering in amount of EUR 475 million and 
authorized capital 
- Kublai GmbH, an affiliate of funds advised by Morgan Stanley Infrastructure Inc., announced voluntary public takeover 
offer on December 21, 2020 and has guaranteed amount of capital increase after completion of takeover offer 
- In addition, after completion of takeover offer further equity capital of up to EUR 75 million committed by Kublai 
GmbH for implementation of Fiber Champion strategy 
- Six-week acceptance period expected to begin early February 
Berlin, 20 January 2021. At the Extraordinary General Meeting of Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17, 
"Tele Columbus", "the Company") held virtually today, around 90 percent of the capital represented voted in favor of 
the Rights Offering in the amount of EUR 475 million. In addition, the Extraordinary General Meeting approved, with 
around 85 percent of the capital represented, a new authorized capital in the amount of 50 percent of the share capital 
with the possibility of excluding subscription rights. 
"With the shareholders' approval of the capital increase, we have reached the first milestone to create a solid capital 
structure together with our new partner Morgan Stanley Infrastructure Partners and United Internet, which we need for 
the successful implementation of our Fiber Champion strategy. This will enable us to make long-term investments in 
further fiber-optic expansion. In the next step, our shareholders will be able to tender their shares at an attractive 
price after the start of the acceptance period", says Dr. Daniel Ritz, Chief Executive Officer (CEO) of Tele Columbus 
AG. 
On December 21, 2020, Tele Columbus announced that it has gained Morgan Stanley Infrastructure Partners as a new 
partner to implement its Fiber Champion strategy. Kublai GmbH ("the Bidder"), a bidding company backed by Morgan 
Stanley Infrastructure Partners, announced a voluntary public takeover offer at a price of EUR 3.25 per Tele Columbus 
share, which Tele Columbus supports. United Internet has agreed to contribute its indirect stake of approximately 29.90 
percent in Tele Columbus to the Bidder if the takeover offer is successful. As shareholders of the Bidder, Morgan 
Stanley Infrastructure Partners and United Internet will support Tele Columbus in implementing the Fiber Champion 
strategy. Rocket Internet, which holds approximately 13.36 percent of the shares in Tele Columbus, signed an 
irrevocable commitment to tender its shares into the offer. 
The key offer conditions are a minimum acceptance threshold of 50 percent, waivers by bond and loan creditors of 
termination rights due to change of control in sufficient numbers, and regulatory approvals. 
The Bidder has guaranteed the amount of the capital increase in the Investment Agreement subject to successful 
completion of the offer. It will subscribe enough shares not taken up by other shareholders to ensure that the amount 
of EUR 475 million will be reached in any case. The Bidder has also agreed to provide further equity of up to EUR 75 
million in the future for the implementation of the Fiber Champion strategy. The newly created authorized capital 
provides the basis for this. The Rights Offering shall be completed as soon as possible after the successful completion 
of the takeover offer. 
Following the publication of the offer document by the Bidder, which is expected to take place at the beginning of 
February 2021, the acceptance period of six weeks will begin. The change-of-control waiver process of the bond and loan 
creditors will also start in February 2021. Completion of the takeover offer is expected in the second quarter of 2021, 
subject to timing of regulatory approvals. 
*** 
About Tele Columbus 
Tele Columbus AG is one of Germany's leading fibre network operators, which reaches more than three million homes. 
Through its brand PYUR, the Company offers high-speed internet including telephony and more than 250 TV channels on a 
digital entertainment platform that combines linear TV with video on demand entertainment. To its housing as-sociation 
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. 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. 
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. 
This release does not constitute or form part of, and should not be construed as, and offered to sell or issue, or the 
solicitation of an offer to purchase, subscribe to or acquire, securities of the Company, or an inducement to enter 
into investment activity in the United States. No part of this release, nor the fact of its distribution, should form 
the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. 
Contact: 
Leonhard Bayer 
Senior Director Investor Relations 
Phone +49 (30) 3388 1781 
Fax +49 (30) 3388 9 1999 
ir@telecolumbus.de 
www.telecolumbus.com 
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2021-01-20 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 
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Language:     English 
Company:      Tele Columbus AG 
              Kaiserin-Augusta-Allee 108 
              10553 Berlin 
              Germany 
Phone:        +49 (0)30 3388 1781 
Fax:          +49 (0)30 3388 9 1999 
E-mail:       ir@telecolumbus.de 
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:  1161943 
 
End of News   DGAP News Service 
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