America Movil SAB de CV : AMX announces to the market
06/27/2012| 05:02pm US/Eastern
With reference to the public announcements by América Móvil,
S.A.B. de C.V. of May 7, 2012, by AMOV Europa B.V. of May 29,
2012, and by América Móvil, S.A.B. de C.V. and AMOV Europa
B.V. of May 31, June 11, June 12, June 13, June 18, June 20,
June 21, and June 26, 2012, this is a public announcement by
América Móvil, S.A.B. de C.V. and AMOV Europa B.V. pursuant
to Section 4 paragraph 1 and Section 4 paragraph 3 of the
Takeover Decree (Besluit openbare biedingen Wft) relating to
the partial offer for ordinary shares in Koninklijke KPN N.V.
that was announced by AMOV Europa B.V., an indirect 100%
subsidiary of América Móvil, S.A.B. de C.V., on May 29, 2012
(the "Offer"). Reference is made to the offer
memorandum relating to the partial offer made by AMOV Europa
B.V. as published on May 29, 2012 on
(the "Offer Memorandum"). Defined terms shall have
the meanings ascribed to them in the Offer Memorandum. This
announcement does not constitute a public offer to sell or the
solicitation of an offer to buy or subscribe for any
The Offer is subject to Dutch disclosure and procedural
requirements, which are different from those of the United
States. To the extent permissible under applicable law or
regulation, América Móvil, S.A.B. de C.V., AMOV Europa B.V. and
their affiliates or brokers (acting as agents for América
Móvil, S.A.B. de C.V., AMOV Europa B.V. or their affiliates)
may from time to time after the date hereof, directly or
indirectly purchase, or arrange to purchase, ordinary shares of
Koninklijke KPN N.V. that are subject to the Offer, or any
securities that are convertible into, exchangeable for or
exercisable for such shares. To the extent information about
such purchases or arrangements to purchase is made public in
The Netherlands, such information will be disclosed by means of
a press release or other means reasonably calculated to inform
U.S. shareholders of Koninklijke KPN N.V. of such information.
In addition, the financial advisors to América Móvil, S.A.B. de
C.V., may also engage in ordinary course trading activities in
securities of Koninklijke KPN N.V., which may include purchases
or arrangements to purchase such securities.
Mexico City, Mexico, June 27, 2012 -- América Móvil, S.A.B.
de C.V. (BMV: AMX; NYSE: AMX; NASDAQ: AMOV; LATIBEX:
XAMXL), and AMOV Europa B.V. announce that during the
Acceptance Period, which expired on June 27, 2012 at 17:30
562,480,277 Shares have been tendered for acceptance under
the Offer, representing approximately 39.66% of all Issued
and Outstanding Shares.
Taking into account the acquisition of Shares by purchases
made by AMX prior to June 27,
2012, 17:30 hours CEST, AMX held 353,283,000 Shares as of
June 27, 2012, 17:30 hours CEST, representing approximately
24.91% of all Issued and Outstanding Shares. With reference
to the Offer Memorandum, the Maximum Acceptance Number, being
the maximum number of Shares that may be accepted by the
Offeror under the Offer, is therefore 40,000,000 Shares,
representing approximately 2.82% of all Issued and
Any Shares tendered to the Offeror in excess of the Maximum
Acceptance Number will be scaled down in accordance with the
procedures set out in the Offer Memorandum. Consequently,
upon declaring the Offer unconditional (het bod gestand
doen), the Offeror will accept approximately 7.11% of all
Shares tendered under the Offer.
The Offeror will announce within three (3) Business Days from
today that it will declare the Offer unconditional (het bod
gestand doen) in accordance with article 16 paragraph 1 of
the Takeover Decree and Section 4.6 of the Offer Memorandum.
AMX is the leading provider of wireless services in Latin
America. As of March 31, 2012, it had 246 million wireless
subscribers and 59.7 million fixed revenue generating units
in the Americas.
Legal Disclaimer. This press release contains certain
forward-looking statements that reflect the current views
and/or expectations of AMX and its management with respect to
its performance, business and future events. We use words
such as "believe," "anticipate," "plan," "expect," "intend,"
"target," "estimate," "project," "predict," "forecast,"
"guideline," "should" and other similar expressions to
identify forward-looking statements, but they are not the
only way we identify such statements. Such statements are
subject to a number of risks, uncertainties and assumptions.
We caution you that a number of important factors could cause
actual results to differ materially from the plans,
objectives, expectations, estimates and intentions expressed
in this release. AMX is under no obligation and expressly
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new
information, future events or otherwise.