Manufacturing Industry
TDC A/S - The Eastern High Court's judgement.
PR Newswire UK Disclose, June, 2007
The Eastern High Court's judgement regarding compulsory redemption of minority
shareholdings in TDC A/S is not being appealed
TDC announces that the company will not appeal the Eastern High Court's
judgement of June 13, 2007, in the actions brought by ATP against TDC A/S and
Nordic Telephone Company ApS (NTC), and TDC A/S against the Danish Commerce and
Companies Agency (DCCA), regarding compulsory redemption of minority
shareholdings in TDC A/S. In the judgement the Eastern High Court has stated
that the provisions in the Articles of Association regarding compulsory
redemption for the benefit of NTC which were adopted at the Extraordinary
General Meeting in TDC A/S on February 28, 2006, are invalid and cannot be
registered with the DCCA.
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