TDC Proposes Lifting the 9.5 Percent Ownership Limitation
10 February 2005 - 8:01PM
PR Newswire (US)
TDC Proposes Lifting the 9.5 Percent Ownership Limitation
COPENHAGEN, Denmark, Feb. 10 /PRNewswire-FirstCall/ -- Today, TDC's
Board of Directors has decided to propose to the Annual General
Meeting, which will be held on March 17, 2005, that TDC lifts the
provision in the Articles of Association stipulating that no
shareholder may own more than 9.5 percent of the share capital
without the consent of the Board of Directors, cf. e.g. Article
5(3) of the Articles of Association. After SBC sold its shares in
TDC in June 2004, TDC does not have a majority shareholder and
restrictions on the transferability of the shares are therefore no
longer needed. Notice of Annual General Meeting with the proposed
amendments to the Articles of Association is expected to be
released on February 17, 2005. For further information please
contact TDC Investor Relations on tel. +45 33 43 76 80. TDC A/S
Noerregade 21 0900 Copenhagen C DK-Denmark http://www.tdc.com/
DATASOURCE: TDC A/S CONTACT: TDC Investor Relations,
+45-33-43-76-80 Web site: http://www.tdc.com/
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