TELE COLUMBUS AG
DGAP-News: Tele Columbus AG / Key word(s): Financing/Offer
Tele Columbus AG: Tele Columbus reaches further transaction milestone
2021-02-16 / 10:13
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
Change-of-control waiver process
Tele Columbus reaches further transaction milestone
- Sufficient lenders and noteholders under the bond and loan agreements have consented to waive their change-of-control
termination rights
- Now Tele Columbus can issue the change-of-control waiver confirmation, which is one of the offer conditions
Berlin, 16 February 2021. Today, the Management Board of Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17) announces
that over the course of the past week, Tele Columbus received consents from a sufficient number of its noteholders and
lenders to waive their right to be repaid as a result of change of control that would be triggered if the takeover
offer of Kublai GmbH published on 1 February 2021 is successful. On the basis of those consents, Tele Columbus is able
to issue the change-of-control waiver confirmation required to satisfy one of the offer conditions in the takeover
offer.
About us
Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes. Via its
brand PYUR, 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:
Leonhard Bayer
Director Investor Relations
Phone +49 (30) 3388 1781
Fax +49 (30) 3388 9 1999
ir@telecolumbus.de
www.telecolumbus.com
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2021-02-16 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: 1168619
End of News DGAP News Service
=------------ 1168619 2021-02-16
(END) Dow Jones Newswires
February 16, 2021 04:15 ET (09:15 GMT)
