425 1 ss106957_425.htm PRESS RELEASE
Tele2 AB
Skeppsbron 18
P.O Box 2094
SE-103 13 Stockholm, Sweden
Telephone +46 8 5620 0060
Fax: +46 8 5620 0040
www.tele2.com

2018-09-13
 
Filing pursuant to Rule 425 under the
Securities Act of 1933, as amended
Filer: Tele2 AB
Subject Company: Com Hem Holding AB
Commission File No.: 333-226947

Stina Andersson to leave Tele2 after closing of the Com Hem merger, and Tele2 IoT to move into the International Market Area

Stockholm – Tele2 AB, (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today announces that Stina Andersson, Executive Vice President Strategy & Business Development, will leave Tele2 after the closing of the Com Hem merger.

Stina Andersson has decided to leave the company to pursue new opportunities once the Com Hem merger is concluded. Stina joined Tele2 in 2016 and has been instrumental in the re-shaping of the company’s strategy towards a Baltic Sea integrated connectivity provider. She will remain in her position at Tele2 until one month after closing of the Com Hem merger.

Tele2 IoT is currently reporting into Stina Andersson in her role as EVP Strategy & Business Development. As a consequence of Stina’s departure, combined with Tele2 IoT’s increased size, maturity and international nature, Tele2 IoT will upon closing of the Com Hem merger move into the International Market Area, currently headed-up by Guillaume van Gaver, Executive Vice President International. Guillaume has an exemplary track-record since joining Tele2 in 2016, leading Tele2’s international footprint outside of Sweden and Netherlands. Rami Avidan, CEO Tele2 IoT, will leave Tele2 to pursue other interests and Ingrid Wistrand, currently Deputy CEO, Tele2 IoT, will assume the position of acting CEO of Tele2 IoT, as of September 28th.

Allison Kirkby, Group President and CEO of Tele2, comments: “Stina has been instrumental in re-shaping Tele2’s strategy towards a Baltic Sea integrated connectivity provider, which led to the proposed merger with Com Hem. She has also led the Com Hem M&A process, and been critical in the pre-merger integration planning. Stina is a highly talented leader, and strategic thinker, with immense potential. I want to thank Stina for the many contributions she has made to Tele2, and wish her every success in her future career.”
In addition, with regards to the change in leadership in Tele2 IoT, Allison continues: “I want to thank Rami for his entrepreneurial spirit, clear vision, dedication and his leadership. Rami should be extremely proud of the legacy that he leaves behind and I wish him the best of luck in his future adventures.”

A new Executive Vice President, Strategy & Business Development in the merged company will be announced before the closing of the transaction together with additional Leadership Team positions, as previously communicated. The forming of a new Leadership Team and the appointments of those positions are all conditional upon the approval of the merger by both the European Commission and the shareholders of the two companies.
 

 
 
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Tele2 AB
Skeppsbron 18
P.O Box 2094
SE-103 13 Stockholm, Sweden
Telephone +46 8 5620 0060
Fax: +46 8 5620 0040
www.tele2.com

2018-09-13
 
 


For more information, please contact:
Joel Ibson, Head of Public Relations, Tele2 AB, Phone: +46 766 26 44 00
Erik Strandin Pers, Head of Investor Relations, Tele2 AB, Phone: +46 733 41 41 88



_________________________________________________________________________
TELE2’S MISSION IS TO FEARLESSLY LIBERATE PEOPLE TO LIVE A MORE CONNECTED LIFE. We believe the connected life is a better life, and so our aim is to make connectivity increasingly accessible to our customers, no matter where or when they need it. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 offers mobile services, fixed broadband and telephony, data network services, content services and global IoT solutions. Every day our 17 million customers across eight countries enjoy a fast and wireless experience through our award winning networks. Tele2 has been listed on Nasdaq Stockholm since 1996. In 2017, Tele2 generated revenue of SEK 25 billion and reported an adjusted EBITDA of SEK 6.4 billion. For definitions of measures, please see the last pages of the Annual Report 2017. Follow @Tele2group on Twitter for the latest updates.
 
 
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IMPORTANT INFORMATION
 
The information included in this transcript is provided for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy shares of Tele2 or Com Hem. Tele2 has filed a registration statement on Form F-4 with the Securities and Exchange Commission (the “SEC”) in connection with the transaction. Tele2 and Com Hem have mailed a merger document, which is part of the registration statement on Form F-4, to security holders of Com Hem in connection with the transaction. This information is not a substitute for the registration statement, merger document or any other offering materials or other documents that Tele2 and Com Hem have filed with the SEC or send to security holders of Com Hem in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF COM HEM ARE URGED TO READ THE MERGER DOCUMENT CAREFULLY. THE MERGER DOCUMENT CONTAINS IMPORTANT INFORMATION ABOUT THE TRANSACTION INCLUDING CERTAIN RISKS RELATED TO THE TRANSACTION AND SHOULD BE READ BEFORE ANY DECISION IS MADE WITH RESPECT TO THE TRANSACTION. Investors and security holders are able to obtain free copies of the merger document through the website maintained by the SEC at www.sec.gov. Free copies of the merger document may also be obtained from Tele2, by directing such request to Mr. Erik Strandin Pers, Head of Investor Relations, e-mail: erik.pers@tele2.com, phone: +46 733 41 41 88, or from Com Hem, by directing a request to Mr. Marcus Lindberg, Head of Investor Relations, e-mail: marcus.lindberg@comhem.com, phone: +46 734 39 25 40.
 
In addition to the registration statement and merger document, Tele2 and Com Hem file annual, quarterly and special reports and other information with the Swedish Financial Supervisory Authority. You may read and copy any reports, statements or other information filed by Tele2 or Com Hem at: http://www.tele2.com/investors/ and http://www.comhemgroup.se/en/investors/, respectively.
 
FORWARD LOOKING STATEMENTS
 
The information in this transcript may contain forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside the control of each respective company or the combined company. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements. Although managements of each respective company believe that their expectations reflected in the forward-looking statements are reasonable based on information currently available to them, no assurance is given that such forward-looking statements will prove to have been correct. You should not place undue reliance on forward-looking statements. They speak only as at the date thereof and neither Tele2 nor Com Hem undertakes any obligation to update these forward-looking statements. Past performance of Tele2 and Com Hem does not guarantee or predict future performance of the combined company. Moreover, Tele2, Com Hem and their respective affiliates and their respective officers, employees and agents do not undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of the transcript. Additionally, there can be no certainty that the Merger will be completed in the manner and timeframe described in this transcript, or at all.
 
NO SOLICITATION
 
This communication does not constitute notice to an extraordinary general meeting or a merger document, nor shall it constitute an offer to sell or the solicitation or invitation of any offer to buy, acquire or subscribe for, any securities or an inducement to enter into investment activity, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.