Telefónica Deutschland acquires E-Plus from the Dutch telecommunications provider KPN with the payment of an acquisition price and a transfer of shares of the new extended company. In order to generate the money for the payment, Telefónica Deutschland now implements a cash capital increase. It is intended to raise gross issue proceeds of approximately EUR 3.62 billion.

"With today's publication of the prospectus and the signing period for the rights issue we are confident to close the transaction within this quarter as planned", says Markus Haas, CSO of Telefónica Deutschland Holding AG. "After the successful completion of the transaction Telefonica will accelerate to build a leading Digital Telecommunications Company in Germany.""We will focus on realizing the significant synergies and value creation potential and we will continue to pursue our mobile data strategy", said Rachel Empey, CFO of Telefónica Deutschland Holding AG. "With our strong financial delivery we will generate sustainable value for our shareholders." Further information can be found on our IR website.
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