Business
Completion of the acquisition of EE Limited
Completion of the acquisition of EE Limited.
About this update from Bt Group Plc
[{"type":"text","content":"\n \nRNS Number : 4513N BT Group PLC 29 January 2016 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES WITHIN THIS ANNOUNCEMENT.\nThis announcement is an advertisement for the purposes of the Prospectus Rules of the UK Financial Conduct Authority (the \"FCA\") and not a prospectus and not an offer to sell, or a solicitation of an offer to subscribe for or to acquire, securities in the United States or in any other jurisdiction, including in or into the United States, Canada, Australia, Japan or South Africa. Neither this announcement nor anything contained in it shall form the basis of, or be relied upon in connection with any offer or commitment whatsoever in any jurisdiction. A prospectus has been published on 26 January 2016 (the \"Prospectus\") by BT Group plc (\"BT\" or the \"Company\") in connection with the issuance of new ordinary shares in the Company (the \"Consideration Shares\") and the proposed admission of the Consideration Shares to the premium listing segment of the Official List of the FCA and to trading on the London Stock Exchange plc's main market for listed securities (\"Admission\"). A copy of the Prospectus is available from the Company's registered office at 81 Newgate Street, London EC1A 7AJ and online at http://www.btplc.com/listings, subject to applicable securities laws.\n \n29 January 2016\nBT GROUP PLC \nCompletion of the acquisition of EE Limited\nFollowing the announcement earlier today regarding the Admission of 1,594,900,429 Consideration Shares, BT announces that completion of its acquisition of EE Limited took place today. Together with the Consideration Shares, Deutsche Telekom and Orange have received cash consideration of £3,464m in total. As a result of the acquisition, Deutsche Telekom and Orange own 12% and 4% respectively of BT's issued share capital.\nAs described in the Prospectus, the appointment of Timotheus Höttges to the BT Board has now taken effect.\n \nENDS\n \nEnquiries:\nBT Group plc\nPress office:\nRoss Cook Tel: 020 7356 5369\n \nInvestor relations:\nDa...