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. 
 
NTC has...

            
        
    
    	    
                
                
	
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