NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA
The Finnish State (the "State") is today announcing the secondary offering of 250 million shares in TeliaSonera AB (the "Offering"). The Offering will be marketed through an accelerated bookbuilt offering to international and Nordic institutional investors pursuant to Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), outside the United States and pursuant to Rule 144A under the Securities Act in the United States. The Offering may be increased to a maximum of up to 300 million shares subject to market conditions.
250 million shares represent approximately 5.3 per cent and 300 million shares approximately 6.4 percent of the total outstanding shares of TeliaSonera. The price per share and the final number of shares sold will be determined upon completion of the bookbuilding.
The current ownership interest of the State in TeliaSonera is approximately 19.1 per cent. After the sale, the ownership interest of the State will be not less than approximately 12.7 per cent.
Morgan Stanley & Co. International Limited has been appointed as the the sole bookrunner and lead manager of the Offering and Enskilda Securities has been appointed as the co-lead manager.
For more information: Ministry of Transport and Communications, Mr. Samuli Haapasalo
Tel. +358 40 548 3476
The information contained herein is not for release, publication, or distribution, directly or indirectly, in or into the United States of America.
The material set forth herein is for informational purposes only and is not intended, and should not be construed, as an offer of securities for sale into the United States. The securities described herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or the laws of any state, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. There is no intention to register any portion of the Offering in the United States or to conduct a public offering of securities in the United States.
The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities law of any such jurisdiction
