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ZEGONA COMMUNICATIONS PLC ("Zegona")
9 April 2019
UPDATE ON ACQUISITION OF EUSKALTEL SHARES
Zegona announces that it has today notified Euskaltel, S.A. ("Euskaltel") and the Comision Nacional del Mercado de Valores that the 20 per cent. threshold for disclosure of its increased ownership position in Euskaltel was crossed on 3 April 2019. As at 9 April 2019, Zegona's disclosable interest 1 in Euskaltel was 21.0% 2.
Tavistock (Public Relations adviser - UK)
Tel: +44 (0)20 7920 3150
Jos Simson - [email protected]
Lulu Bridges - [email protected]
Llorente y Cuenca (Public Relations adviser - Spain)
Tel: +34 (0) 91 563 7722
Jorge López-Zafra - [email protected]
This announcement has been prepared in accordance with English law, the Listing Rules and the Disclosure Guidance and Transparency Rules and information disclosed may not be the same as that which would have been prepared in accordance with the laws of jurisdictions outside England.
The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.
1. Zegona's disclosable interest includes 2,900,491 shares held by Talomon, who Zegona has a shareholder relationship agreement with.
2 As at 9 April 2009, Zegona held 7,618,721 Euskaltel shares and Zegona Limited, a wholly-owned subsidiary of Zegona, held 26,800,000 Euskaltel shares. The Euskaltel shares currently held by Zegona will be contributed to Zegona Limited later today.
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